5-Mar-2025
No press releases found.
Homebuilder stocks trade in green on tariff-relief deal prospects
Seeking Alpha News (Wed, 5-Mar 12:38 PM ET)
ITB Underpriced Bullish Call Spread has Profit Potential of 61%
Market Chameleon (Tue, 29-Aug 7:04 AM ET)
ITB Bullish Call Spread at $3.60 Appears to be a Good Buy
Market Chameleon (Mon, 24-Apr 10:05 AM ET)
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 March 5, 2025, ITB stock price climbed to $98.94 with 2,427,021 million shares trading.
ITB has a beta of 1.21, meaning it tends to be more sensitive to market movements. ITB has a correlation of 0.30 to the broad based SPY ETF.
ITB has a market cap of $2.71 billion. This is considered a Mid Cap stock.
In the last 3 years, ITB traded as high as $129.89 and as low as $48.02.
ITB has underperformed the market in the last year with a return of -9.0%, while the SPY ETF gained +15.2%. In the last 3 month period, ITB fell short of the market, returning -17.8%, while SPY returned -3.7%. However, in the most recent 2 weeks ITB has outperformed the stock market by returning -3.1%, while SPY returned -4.6%.
ITB support price is $94.84 and resistance is $98.30 (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 shares will trade within this expected range on the day.