ITB - iShares U.S. Home Construction ETF

BATS - BATS Delayed Price. Currency in USD
43.25
-0.12 (-0.28%)
At close: 4:00PM EDT
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Previous Close43.37
Open43.20
Bid43.51 x 2200
Ask45.24 x 1100
Day's Range42.79 - 44.14
52 Week Range22.39 - 50.52
Volume4,280,215
Avg. Volume3,778,641
Net Assets780.71M
NAV43.22
PE Ratio (TTM)N/A
Yield0.65%
YTD Daily Total Return-2.41%
Beta (5Y Monthly)1.60
Expense Ratio (net)0.42%
Inception Date2006-05-01
  • MarketWatch

    Housing-market ETFs jump on rosy homebuilder report

    Exchange-traded funds with exposure to homebuilders and housing market companies roared higher Tuesday after a surprise gain in sales of newly-constructed homes confirmed sturdy demand even in the face of the coronavirus-induced shutdown. The SPDR S&P Homebuilders ETF was 4% higher at midday, while the iShares U.S. Home Construction ETF jumped 3.6%. The portfolios of both funds are heavy with consumer discretionary stocks like Home Depot Inc. \- it's XHB's biggest holding - in addition to builders like Lennar Corp. . The Hoya Capital Housing ETF , a fund designed to more broadly reflect the residential real estate industry with exposure to REITs like American Homes 4 Rent and brokerages like Redfin Corp. , was 3.9% higher.

  • MarketWatch

    Homebuilder ETFs surge as economic outlook improves

    Exchange-traded funds that track the housing sector surged higher Wednesday as investors were heartened by news of a possible coronavirus treatment suggesting the residential real estate market might not be hit as badly as expected and in spite of a report on Wednesday that showed home-contract signings slumped in March. The iShares U.S. Home Construction fund was 5.2% higher late morning, while the SPDR S&P Homebuilders fund rose 4.9%. Both funds have as their biggest holdings shares of homebuilders like D.R. Horton, Inc. and Lennar Corporation , and housing-related consumer discretionary companies like Lowe's Companies, Inc. and Home Depot, Inc. , all of which were up sharply Wednesday. Both funds are still trailing the broader stock market in the year to date, however: ITB has lost 15% and XHB is down 18%, referring to the funds' ticker symbols, compared with the 9.2% loss for the S&P 500 .

  • MarketWatch

    Homebuilder ETFs rise as analysts remain bullish

    Two exchange-traded funds that track homebuilder stocks are outperforming broader benchmarks as Wall Street analysts say the macro outlook for new residential construction remains strong and the recent sell-off overdone. The iShares U.S. Home Construction fund is up 23% this week, while the SPDR S&P Homebuilders ETF has gained 22.6%, both dwarfing the 12.6% gain in the S&P 500 in that time. On Tuesday, Keybanc analysts upgraded shares of KB Home, calling the risks "tilting to favorable." On Thursday, Raymond James analyst Buck Horne released an analysis that found builders like KB Home and Pulte Group Inc. had enough cash on hand to manage for years with zero cash flow.

  • MarketWatch

    Homebuilder ETFs jump on interest-rate cut

    Exchange-traded funds with exposure to the residential construction industry surged Tuesday morning after the Federal Reserve cut interest rates. The Direxion Daily Homebuilders & Supplies Bull 3x Shares , a leveraged fund, was 3.7% higher mid-morning and is up more than 14% in the week to date. The iShares U.S. Home Construction ETF rose 1.2%, and the SPDR S&P Homebuilders ETF climbed 0.9%. Investors expect interest rate-sensitive areas of the economy, like housing, to benefit from lower rates.

  • Should You Buy Homebuilder ETFs Now?
    Zacks

    Should You Buy Homebuilder ETFs Now?

    At a time when the rapidly-spreading coronavirus is rattling the global financial markets, we discuss whether investors should consider buying the homebuilder ETFs.

  • 5 Sector ETFs That Crushed the Market in January
    Zacks

    5 Sector ETFs That Crushed the Market in January

    Wall Street extended its decade-long bull run to start 2020, pushing the major indices to record highs on the initial trade deal and Q4 earnings optimism. However, the rally fizzled out last week following the coronavirus outbreak.

  • Housing ETFs That May Lose as New Home Sales Data Disappoints
    Zacks

    Housing ETFs That May Lose as New Home Sales Data Disappoints

    Here are some housing ETFs that might suffer due to the disappointing new home sales data for December.

  • 4 Sector ETFs Unaffected by Coronavirus Outbreak
    Zacks

    4 Sector ETFs Unaffected by Coronavirus Outbreak

    We have highlighted one ETF from the sectors that are performing well amid the coronavirus scare.

  • Homebuilder ETF (ITB) Hits New 52-Week High
    Zacks

    Homebuilder ETF (ITB) Hits New 52-Week High

    This homebuilder ETF hits a new 52-week high. Are more gains in store for this ETF?

  • Housing ETFs to Gain on Upbeat Sales Data
    Zacks

    Housing ETFs to Gain on Upbeat Sales Data

    We highlight ETFs that can gain from the release of encouraging U.S. existing home sales data.

  • 5 ETFs From Top Industries That Won't Let You Down in 2020
    Zacks

    5 ETFs From Top Industries That Won't Let You Down in 2020

    Bet big on ETFs that come from the top industries from some winning equity sectors.

  • Homebuilder ETFs Shining in 2020: Will This Continue?
    Zacks

    Homebuilder ETFs Shining in 2020: Will This Continue?

    The U.S. homebuilding industry continued its strong momentum heading into the New Year given that groundbreakings on new U.S. homes surged to a 13-year high in December.

  • ETF Trends

    Homebuilders ETFs: Housing Starts Hit 13-Year High

    Homebuilder sector exchange traded funds are building on the improving housing market recovery as U.S. home construction jumped to a 13-year high in December. Over the past year, the SPDR S&P Homebuilders ...

  • ETF Trends

    Homebulder ETFs Strengthen on Lennar Q4 Beat

    Home construction stocks and homebuilder-related exchange traded funds stood out on Wednesday after Lennar Corp. (NYSE: LEN) beat estimates, despite falling home prices over the last quarter. On Wednesday, ...

  • Despite Narrow Marketplace Focus, Etsy Stock Has Crafty Potential
    InvestorPlace

    Despite Narrow Marketplace Focus, Etsy Stock Has Crafty Potential

    Among the newer generation of internet marketplace stocks, Etsy (NASDAQ:ETSY) is one of the more mature names. The company went public almost five years ago and was in business for a decade prior to that.Source: quietbits / Shutterstock.com Despite its tenure, Etsy has fallen behind marketplace rivals such as Shopify (NYSE:SHOP) and share price performance reflects as much. Amid expectations of slowing growth, Etsy stock stumbled to a 7% loss in 2019 while the S&P 500 and other broader benchmarks surged. Shopify more than tripled.Etsy's 2019 performance is disappointing when considering the strength of the U.S. consumer and economy. The company matches buyers and sellers in areas like clothing, jewelry and vintage items. And it collects a fee on those transactions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe stock even tumbled following a solid third-quarter earnings report, in which the company revealed sales growth of 30% and raised gross merchandise sales (GMS) and revenue guidance. Typically, upbeat guidance should be rewarded by investors. But that wasn't the case for Etsy stock. The negative reaction puts pressure on the fourth-quarter earnings update and 2020 guidance to be spectacular."During the third quarter we launched several transformative initiatives to serve as the building blocks for long-term, sustainable growth," Etsy CEO Josh Silverman said in a statement. "… We are just beginning to see the impact of these initiatives, which we believe further our competitive advantages and will have a more meaningful contribution to our results in 2020 and beyond." Headwinds and OpportunityPerhaps the two biggest hurdles Etsy faces in 2020 are convincing investors last year's GMS and sales growth is somewhat sustainable and prompting market participants to pay up for that growth. That's another way of saying that almost 46 times this year's earnings and 7 times sales, Etsy isn't inexpensive. * 9 Boring Stocks to Buy You Should Never Let Go Of The good news for Etsy is that many of its customers are constantly shopping. Plus, the housing market is strong. The iShares U.S. Home Construction ETF (BATS:ITB) jumped almost 49% last year. And millennials -- a core Etsy demographic -- are entering the home-buying arena in force. The online marketplace operator stands to benefit.While Etsy stock has its critics on Wall Street, it has supporters, too, including RBC Capital analyst Mark Maheny.Maheny likes the 2020 outlook "for the stock given a large, loyal, and growing community of buyers and sellers and multiple growth initiatives, including free shipping, advertising, and product improvements," reports Barron's.The average analyst price target on Etsy is just over $65, but the stock closed barely under $45 on Friday. So something has to give. Either analysts lower their price forecast or the stock starts marching closer to the current consensus target. Bottom Line: Etsy Stock Is UnderappreciatedEtsy isn't as big as some of the aforementioned names and doesn't have the sizzle markets have ascribed to Shopify. But the Brooklyn-based company does have some important factors in its favor. Notably, this isn't some ultra-expensive, nowhere-close-to-profitable internet unicorn.Etsy was actually cash flow positive in the third quarter and ended that period with $856.7 million in cash or cash equivalents. Plus, the company is buying back its own stock, something that mature, financially sound companies do.After repurchasing $2.8 million of its own shares, Etsy may want to consider buying more of its stock before it rallies too much. Another repurchase would serve as an avenue for boosting earnings. Investors may want to follow suit.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy to Kick Off the New Year * 7 Buyout Targets to Watch For 2020 * 9 Boring Stocks to Buy You Should Never Let Go Of The post Despite Narrow Marketplace Focus, Etsy Stock Has Crafty Potential appeared first on InvestorPlace.

  • ETF Trends

    Rising Home Prices Could Further Strengthen Homebuilder ETFs

    U.S home prices have risen at their fastest past in five months, fueling the ongoing strength in the housing market and homebuilders sector-related exchange traded funds. Year-to-date, the SPDR S&P Homebuilders ...

  • 9 ETFs at the Forefront of 2019 Market Rally
    Zacks

    9 ETFs at the Forefront of 2019 Market Rally

    As there have been winners in many corners of the space, we highlight nine ETFs from different zones that have outperformed so far this year. These are expected to continue outperforming, provided the fundamentals remain intact.

  • ETF Trends

    Low Rates, Affordable Housing Fuel Homebuilder ETF Rally

    Homebuilder stocks and sector-related ETFs have surged this year, rebounding to their previously record highs, as a return to a low-interest rate environment and rising housing starts helped fuel new home ...

  • Top ETF Areas for 2020
    Zacks

    Top ETF Areas for 2020

    As ETF investing constantly climbs the popularity charts, we highlight a few good ETF areas that investors can bank on for 2020.

  • ETFs to Gain on Positive US New Home Sales Data
    Zacks

    ETFs to Gain on Positive US New Home Sales Data

    The latest data releases indicate improvement in the US housing market.

  • Decorating a Christmas Tree of Top-Ranked ETFs
    Zacks

    Decorating a Christmas Tree of Top-Ranked ETFs

    We have built a tree with the top-ranked ETFs that have the potential to outperform in 2020.

  • 5 Market-Beating Sector ETFs of 2019
    Zacks

    5 Market-Beating Sector ETFs of 2019

    Braving all hurdles including recession fears, trade dispute, Brexit and geopolitical tensions, Wall Street has enjoyed a huge rally this year with all the three major indices hitting record highs lately.

  • ETFs That May Suffer Owing to Weak US Existing Home Sales
    Zacks

    ETFs That May Suffer Owing to Weak US Existing Home Sales

    We highlight some homebuilding ETFs that may lose as the latest data on U.S. existing home sales disappoints.

  • 5 ETF Areas Up At Least 45% in 2019
    Zacks

    5 ETF Areas Up At Least 45% in 2019

    These ETF areas crushed the S&P 500 in 2019.

  • ETFs in Focus on Upbeat November Housing Starts Update
    Zacks

    ETFs in Focus on Upbeat November Housing Starts Update

    We highlight some housebuilding ETFs as the attested information on housing starts looks impressive.