ITB - iShares U.S. Home Construction ETF

BATS - BATS Delayed Price. Currency in USD
44.67
+0.67 (+1.52%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close44.00
Open0.00
Bid44.66 x 2200
Ask0.00 x 800
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume2,122,318
Net Assets1.26B
NAV43.99
PE Ratio (TTM)N/A
Yield0.52%
YTD Daily Total Return47.33%
Beta (3Y Monthly)1.16
Expense Ratio (net)0.42%
Inception Date2006-05-01
  • Bet on Top-Notch Sector ETFs & Stocks to Sparkle Q4
    Zacks

    Bet on Top-Notch Sector ETFs & Stocks to Sparkle Q4

    Investors could be well served by ETFs and stocks from sectors that house top-ranked industries.

  • Why Homebuilder ETFs Are Rising
    Zacks

    Why Homebuilder ETFs Are Rising

    Falling mortgage rates, low unemployment and rising wages have sent many homebuilder stocks to their 52 week highs.

  • An ETF Area That Excelled in September
    Zacks

    An ETF Area That Excelled in September

    We highlight an ETF area that successfully outperformed the broader market in September.

  • Chances of Fed Rate Cut in October Rise: Sector ETFs to Buy
    Zacks

    Chances of Fed Rate Cut in October Rise: Sector ETFs to Buy

    We have highlighted popular ETFs from the sectors set to benefit further on rate cuts.

  • 4 Market-Beating Sector ETFs of the Third Quarter
    Zacks

    4 Market-Beating Sector ETFs of the Third Quarter

    While many corners of the equity world witnessed a solid run, a few sector ETFs performed incredibly well, thereby comfortably crushing the broader markets.

  • Best ETFs for 2019: The Global X Robotics and AI ETF Is Holding Strong
    InvestorPlace

    Best ETFs for 2019: The Global X Robotics and AI ETF Is Holding Strong

    This article is a part of InvestorPlace's Best ETFs for 2019 contest. Tom Taulli's pick for the contest is the Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ).It's time for another update for the InvestorPlace Best ETFs contest. My pick, the Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ), has performed reasonably well for the year so far with a year-to-date return of 19%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnfortunately, it ranks No. 4 among the others. The top performer is the iShares U.S. Home Construction ETF (BATS:ITB), which was the choice for Vince Martin. He made a very shrewd call that the sector was way oversold.Regardless, I'm still bullish on BOTZ. Hey, for the years to come, I think it has the potential for being among the best ETFs.There are several reasons for this. First of all, AI represents a truly transformational technology that has wide appeal. We've already seen how companies like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT) and Facebook (NASDAQ:FB) have leveraged it for their own platforms. AI offers benefits of lower costs, better predictions and accurate insights.Here are some data points to consider: * PWC projects that AI will add a whopping $15.7 trillion in value to the global economy by 2030 * IDC projects that spending on the technology will go from $24 billion in 2018 to $77.6 billion by 2022 * For other categories related to AI like robots and drones, which are included in the BOTZ ETF, IDC expects that spending on these categories will jump from $115.7 billion to $210.3 billion AI and the Best ETFsSo what were some of the developments in the latest quarter for BOTZ? Let's take a look at a few: * 10 Cloud Stocks to Invest in the Future * Nvidia (NASDAQ:NVDA): This is one of the premier AI companies. The company's core technology -- GPUs or Graphics Processing Units -- have proven to be ideal for the technology, in terms of the high speed, efficiency and parallel processing. While NVDA has had its challenges, such as with the U.S.-China trade war and the competition from operators like Advanced Micro Devices (NASDAQ:AMD), the company has been able to get things back on track. This was evident in its latest earnings report, in which the company beat expectations on both the top and bottom lines. NVDA also should get a boost from its expected acquisition of Mellanox Technologies (NASDAQ:MLNX). Oh, and yes, the company continues to push the boundaries of innovation, such as with its autonomous driving car segment. * Brooks Automation (NASDAQ:BRKS): For the year so far, the shares are up about 45%. The company's automation systems for semiconductors are seeing much uptake because of megatrends like IoT (Internet-of-Things), 5G and yes, AI. The company has also focused on the valuable life sciences market, which should help with long-term growth. According to the CEO, Steve Schwartz, in the earnings press release: "We believe each of our businesses hold great advantages and are positioned nicely in strong markets with additional opportunity as we go into the final quarter of our 2019 fiscal year." * iRobot (NASDAQ:IRBT): This stock is one of the reasons that BOTZ is not the one of the best ETFs! The performance for the company has been absolutely awful. During the last quarter, IRBT stock has lost about 36% of its value. Then again, in July, the company issued a disappointing earnings report that showed a deceleration on the top line. The problem? It really comes down to the situation in China. Keep in mind that a hefty amount of sales come from the country.Tom Taulli is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cloud Stocks to Invest in the Future * 7 Next-Gen Growth Stocks to Buy for Long-Term Gains * 7 Cheap Stocks That Ought to Consider a Sale The post Best ETFs for 2019: The Global X Robotics and AI ETF Is Holding Strong appeared first on InvestorPlace.

  • Best & Worst Zones of This Year and Their ETFs
    Zacks

    Best & Worst Zones of This Year and Their ETFs

    The stock market bulls have been marching ahead this year on trade optimism and cheap money flows. We have highlighted the best and worst zones so far this year.

  • ETFs to Pick as New Home Sales Surge on Falling Rates
    Zacks

    ETFs to Pick as New Home Sales Surge on Falling Rates

    Rising new home sales adds to the bank of positive data for the housing market. We highlight some homebuilders ETFs poised to gain from the situation.

  • ETF Database

    Data Shows Homeowners Are Sitting On Home Equity

    While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home.

  • Top-Performing ETFs of the First Nine Months of 2019
    Zacks

    Top-Performing ETFs of the First Nine Months of 2019

    The year 2019 so far has been kind to the U.S. stock market, despite a myriad of woes such as lingering trade woes, recession fears, geopolitical tension and Brexit issues.

  • ETFs to Pick as US Existing Home Sales Hit a 17-Month High
    Zacks

    ETFs to Pick as US Existing Home Sales Hit a 17-Month High

    The latest upbeat existing home sales data puts spotlight on certain homebuilder ETFs.

  • ETF Trends

    New Data Shows Homeowners Are Sitting On Available Home Equity

    While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonetheless hoarding cash, keeping equity in the home. As a whole, mortgage holders saw their home equity increase by 4.8% annually at the end of the second quarter.

  • Best ETFs for 2019: The Pacer Data & Infrastructure Real Estate ETF Rules
    InvestorPlace

    Best ETFs for 2019: The Pacer Data & Infrastructure Real Estate ETF Rules

    This article is a part of InvestorPlace's Best ETFs for 2019 contest. Robert Waldo's pick for the contest is the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR).We're coming toward the end of InvestorPlace's best ETFs for 2019 contest and my pick, the Pacer Benchmark Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR), remains at the top of the pack, only slightly behind Vince Martin's pick, iShares U.S. Home Construction ETF (BATS:ITB), in terms of year-to-date performance (SRVR is up 40% YTD; ITB is up 42% YTD).InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough I don't think investors should expect the 5G exchange-traded fund to climb significantly higher by the end of the year, I do believe it can win the contest, and possibly gain a few more percentage points along the way. Since my last update in July, the ETF has climbed 13%, maintaining its No. 2 ranking among the best ETFs. What to Expect From SRVR at the End of 2019At the start of the year, I mentioned the yield curve inverting and the trade war between the U.S. and China as reasons for investors to have concern. But, broadly speaking, it hasn't necessarily been all doom and gloom for stocks in 2019.In fact, as InvestorPlace contributor Luke Lango points out in his recent article on high-performing S&P 500 stocks:"Through the first half of the year, the S&P 500 was on track for its best year in over two decades. To be sure, gains have been muted in the third quarter despite major indices flirting with all-time highs. But with the S&P 500 up 20% year-to-date, stocks are still having one of their best years this century."True as this may be, I still maintain my long-term case for SRVR, as its holdings present unique opportunities -- a combination of dividend-boosted stability and continual growth potential -- in a questionable time, where the trade war has no clear end in sight. * 8 Dividend Stocks to Buy for a Recession Even if you share the optimism of investors like Luke Lango, SRVR is one of the best ETFs you could buy this year. Because regardless of trade war concerns or a recession, the holdings in this real estate investment trust (REIT) ETF mainly focus on infrastructure that's essential to the daily operations of our technologically connected world.And much of this infrastructure is based in the U.S., dodging the influence of trade war peril.Consider top holding Crown Castle (NYSE:CCI) as example of this dual strength. According to Yahoo Fiance's description for CCI: "Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 75,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market." This is a U.S.-based holding that will be at the forefront of the inevitable 5G future, which will be the catalyst for countless other technological advancements. And SRVR is packed with holdings with similar attributes to CCI.Ultimately, SRVR should remain a strong contender among the best ETFs this year. And it will likely be one of the best ETFs to buy for years to come, as the 5G catalyst, which many of its holdings stand to benefit from, is only getting heated up.The SRVR ETF has an expense ratio of 0.6%, or $60 annually per $10,000 invested.Robert Waldo is an assistant editor at InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Triple-'F' Rated Stocks to Leave on the Shelf * 10 Excellent Stocks to Watch for 2020 and Beyond * 7 Consumer Stocks to Buy in an Uncertain Market The post Best ETFs for 2019: The Pacer Data & Infrastructure Real Estate ETF Rules appeared first on InvestorPlace.

  • Homebuilders ETFs to Gain as Sentiment Surges to Yearly High
    Zacks

    Homebuilders ETFs to Gain as Sentiment Surges to Yearly High

    We highlight some homebuilder ETFs that are poised to gain traction from a positive buzz surrounding homebuilders in September.

  • Here's Why Homebuilding ETFs Are Soaring
    Zacks

    Here's Why Homebuilding ETFs Are Soaring

    The U.S. housing market has been on a tear this year primarily attributable to a decline in mortgage rates, slower home price growth and a slew of upbeat data.

  • Home-building activity soars 12% to the fastest pace in more than a decade
    MarketWatch

    Home-building activity soars 12% to the fastest pace in more than a decade

    Permits to build new homes rose 8% to a seasonally-adjusted annual pace of 1.42 million, the fastest pace since 2007.

  • ETF Trends

    Buyer’s Market Could Boost These Homebuilder ETFs

    Last year, rising interest rates and low affordability put a thorn in the side of homebuilders and the real estate sector in general. This is lowering mortgage rates and enticing prospective buyers to reconsider a real estate purchase. “Unfortunately, much of the lower interest rate environment can be attributed to global economic uncertainties, which appear to have dampened consumer sentiment regarding the direction of the economy,” said Doug Duncan, chief economist at Fannie Mae.

  • Homebuilder, REIT ETFs Booming on Falling Mortgage Rates
    Zacks

    Homebuilder, REIT ETFs Booming on Falling Mortgage Rates

    The low interest rate environment has led to strong optimism for homebuilders and real estate sectors, pushing stocks higher.

  • August ETF Events That Grab Headlines
    Zacks

    August ETF Events That Grab Headlines

    August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.

  • ETFs to Buy as Americans' Confidence Nears 19-Year High
    Zacks

    ETFs to Buy as Americans' Confidence Nears 19-Year High

    U.S. consumer confidence trumps expectations and makes these ETFs great buys.

  • Managing under pressure: Eric Trump: Trump Organization EVP
    Yahoo Finance Video

    Managing under pressure: Eric Trump: Trump Organization EVP

    Eric Trump: Trump Organization EVP

  • Trump Organization EVP Eric Trump: 'People take cheap shots at us'
    Yahoo Finance Video

    Trump Organization EVP Eric Trump: 'People take cheap shots at us'

    Trump Organization EVP Eric Trump talks about the criticism the Trump Organization faces

  • Trump Organization EVP Eric Trump: We were just a nice real estate family
    Yahoo Finance Video

    Trump Organization EVP Eric Trump: We were just a nice real estate family

    Trump Organization EVP Eric Trump on growing up under the spotlight and being held to a different standard.

  • Gold ETFs see longest run in a decade amid global tensions
    Yahoo Finance Video

    Gold ETFs see longest run in a decade amid global tensions

    More investors are turning to gold as global tensions escalate further, causing more market uncertainty. Dave Nadig, Managing Director at ETF.com, joins Akiko Fujita on The Ticker to discuss some of the best ETFs to invest in to ride out 2019.