iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 1-Year Low – Here’s What Happened

iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low during trading on Monday . The company traded as low as $59.13 and last traded at $62.57, with a volume of 228264 shares traded. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Up 5.3 %

The stock has a 50 day moving average of $61.10 and a 200 day moving average of $63.23. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 36.87 and a beta of 0.94.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Modera Wealth Management LLC boosted its position in iShares Cohen & Steers REIT ETF by 1.0% during the 4th quarter. Modera Wealth Management LLC now owns 17,070 shares of the company’s stock worth $1,029,000 after buying an additional 165 shares during the period. Integrated Advisors Network LLC raised its position in shares of iShares Cohen & Steers REIT ETF by 2.0% during the fourth quarter. Integrated Advisors Network LLC now owns 9,714 shares of the company’s stock worth $585,000 after purchasing an additional 186 shares during the period. Harbour Investments Inc. grew its holdings in shares of iShares Cohen & Steers REIT ETF by 26.3% during the fourth quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock valued at $54,000 after buying an additional 188 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in iShares Cohen & Steers REIT ETF by 0.4% during the 4th quarter. Belpointe Asset Management LLC now owns 52,447 shares of the company’s stock valued at $3,388,000 after purchasing an additional 188 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its holdings in iShares Cohen & Steers REIT ETF by 3.2% during the third quarter. Axxcess Wealth Management LLC now owns 6,283 shares of the company’s stock worth $414,000 after buying an additional 193 shares in the last quarter.

About iShares Cohen & Steers REIT ETF

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).