iShares Mortgage Real Estate ETF (BATS:REM) Position Increased by Harbour Investments Inc.

Harbour Investments Inc. raised its position in iShares Mortgage Real Estate ETF (BATS:REM) by 3.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,395 shares of the company’s stock after purchasing an additional 2,136 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Mortgage Real Estate ETF were worth $1,718,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of REM. Clarity Financial LLC raised its holdings in shares of iShares Mortgage Real Estate ETF by 680.8% during the 3rd quarter. Clarity Financial LLC now owns 109,593 shares of the company’s stock valued at $2,601,000 after purchasing an additional 95,557 shares in the last quarter. Raymond James & Associates raised its holdings in iShares Mortgage Real Estate ETF by 486.7% during the second quarter. Raymond James & Associates now owns 64,529 shares of the company’s stock valued at $1,430,000 after buying an additional 53,531 shares in the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of iShares Mortgage Real Estate ETF in the third quarter worth about $908,000. Private Advisor Group LLC boosted its stake in shares of iShares Mortgage Real Estate ETF by 144.8% during the 3rd quarter. Private Advisor Group LLC now owns 48,869 shares of the company’s stock worth $1,160,000 after acquiring an additional 28,905 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares Mortgage Real Estate ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 433,741 shares of the company’s stock valued at $9,612,000 after acquiring an additional 15,571 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Up 0.1 %

REM opened at $22.70 on Thursday. The firm has a market cap of $610.63 million, a price-to-earnings ratio of 6.41 and a beta of 1.30. The stock has a fifty day moving average of $23.27 and a 200 day moving average of $23.01.

About iShares Mortgage Real Estate ETF

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.