iShares Cohen & Steers REIT ETF (BATS:ICF) Sets New 52-Week Low – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $59.13 and last traded at $61.57, with a volume of 228264 shares. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Price Performance

The company has a market capitalization of $2.18 billion, a P/E ratio of 30.19 and a beta of 0.94. The firm has a fifty day moving average price of $61.80 and a 200-day moving average price of $63.05.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Large investors have recently added to or reduced their stakes in the company. Sonata Capital Group Inc. boosted its position in iShares Cohen & Steers REIT ETF by 4.8% during the fourth quarter. Sonata Capital Group Inc. now owns 17,507 shares of the company’s stock worth $1,055,000 after purchasing an additional 808 shares during the period. Fortress Financial Solutions LLC bought a new position in iShares Cohen & Steers REIT ETF in the 4th quarter worth approximately $259,000. First National Corp MA ADV grew its stake in iShares Cohen & Steers REIT ETF by 4.5% in the 4th quarter. First National Corp MA ADV now owns 31,910 shares of the company’s stock valued at $1,923,000 after buying an additional 1,361 shares in the last quarter. SOA Wealth Advisors LLC. raised its holdings in iShares Cohen & Steers REIT ETF by 3.6% during the 4th quarter. SOA Wealth Advisors LLC. now owns 52,014 shares of the company’s stock valued at $3,134,000 after acquiring an additional 1,824 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its position in shares of iShares Cohen & Steers REIT ETF by 8.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 7,833 shares of the company’s stock worth $472,000 after acquiring an additional 579 shares in the last quarter.

iShares Cohen & Steers REIT ETF Company Profile

iShares Cohen & Steers REIT ETF (the Fund), formerly iShares Cohen & Steers Realty Majors Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Cohen & Steers Realty Majors Index (the Index). The Index consists of selected real estate investment trusts (REITs).