ITB Stock Summary and Trading Ideas (iShares U.S. Home Construction ETF | BATS:ITB)

The iShares Dow Jones U.S. Home Construction Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Home Construction Index.

iShares U.S. Home Construction ETF trades on the BATS stock market under the symbol ITB.

As of April 19, 2024, ITB stock price climbed to $103.50 with 157,513 million shares trading.

ITB has a beta of 1.75, meaning it tends to be more sensitive to market movements. ITB has a correlation of 0.61 to the broad based SPY ETF.

ITB has a market cap of $2.73 billion. This is considered a Mid Cap stock.

In the last 3 years, ITB stock traded as high as $116.34 and as low as $48.02.

ITB has outperformed the market in the last year with a return of +43.0%, while the SPY ETF gained +22.1%. However, in the most recent history, ITB shares have underperformed the stock market with its stock returning +2.3% in the last 3 month period and -6.2% for the last 2 week period, while SPY has returned +5.1% and -2.7%, respectively.

ITB support price is $101.29 and resistance is $104.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ITB stock will trade within this expected range on the day.