The iShares U.S. Home Construction ETF (ITB) saw an outflow of approximately $180.9 million, marking a 6.8% decrease in shares outstanding from 27.15 million to 25.3 million. This decline was reported in the last week, significantly impacting the ETF’s standing in the market.
As of the latest trade, ITB’s share price stands at $97.57, within a 52-week range of $84.98 to $118. Among its major holdings, Horton Inc (DHI) rose by 0.1%, while PulteGroup Inc (PHM) and Lennar Corp (LEN) fell by 0.7% and 0.1%, respectively.
This data reflects broader trends in the ETF market, where notable inflows and outflows can influence the underlying assets significantly.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
