VisionPoint Advisory Group LLC lowered its holdings in shares of iShares Mortgage Real Estate ETF (BATS:REM – Free Report) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,344 shares of the company’s stock after selling 21,368 shares during the period. iShares Mortgage Real Estate ETF makes up 1.5% of VisionPoint Advisory Group LLC’s holdings, making the stock its 13th largest position. VisionPoint Advisory Group LLC owned approximately 0.75% of iShares Mortgage Real Estate ETF worth $4,321,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in shares of iShares Mortgage Real Estate ETF in the 3rd quarter worth approximately $29,000. J.W. Cole Advisors Inc. bought a new stake in iShares Mortgage Real Estate ETF during the fourth quarter worth approximately $215,000. Rockefeller Capital Management L.P. acquired a new stake in iShares Mortgage Real Estate ETF in the third quarter worth approximately $273,000. Advyzon Investment Management LLC bought a new position in iShares Mortgage Real Estate ETF during the 4th quarter valued at $295,000. Finally, Silver Oak Securities Incorporated acquired a new position in shares of iShares Mortgage Real Estate ETF during the 4th quarter valued at $312,000.
iShares Mortgage Real Estate ETF Stock Up 0.5 %
REM opened at $23.42 on Friday. The company has a market cap of $630.00 million, a P/E ratio of 6.41 and a beta of 1.30. The stock has a 50 day moving average price of $21.99 and a two-hundred day moving average price of $22.80.
iShares Mortgage Real Estate ETF Profile
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.
Further Reading
- Five stocks we like better than iShares Mortgage Real Estate ETF
- What Are the U.K. Market Holidays? How to Invest and Trade
- These 3 Defensive Retail Stocks Are Outpacing the Market
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Technology Stocks Explained: Here’s What to Know About Tech
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
Want to see what other hedge funds are holding REM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Mortgage Real Estate ETF (BATS:REM – Free Report).
Receive News & Ratings for iShares Mortgage Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Mortgage Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
