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

iShares Cohen & Steers REIT ETF (BATS:ICF) shares reached a new 52-week low on Tuesday . The company traded as low as $59.13 and last traded at $61.74, with a volume of 228264 shares. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Trading Up 5.3 %

The business’s fifty day moving average price is $60.72 and its 200 day moving average price is $63.15. The company has a market capitalization of $2.26 billion, a P/E ratio of 30.19 and a beta of 0.94.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

A number of institutional investors have recently modified their holdings of ICF. Modera Wealth Management LLC boosted its holdings in iShares Cohen & Steers REIT ETF by 1.0% in the fourth quarter. Modera Wealth Management LLC now owns 17,070 shares of the company’s stock valued at $1,029,000 after acquiring an additional 165 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of iShares Cohen & Steers REIT ETF by 26.3% in the 4th quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock valued at $54,000 after purchasing an additional 188 shares during the last quarter. Belpointe Asset Management LLC grew its position in shares of 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 worth $3,388,000 after buying an additional 188 shares during the period. Axxcess Wealth Management LLC grew its position in shares of iShares Cohen & Steers REIT ETF by 3.2% during the 3rd quarter. Axxcess Wealth Management LLC now owns 6,283 shares of the company’s stock worth $414,000 after buying an additional 193 shares during the period. Finally, Parkside Financial Bank & Trust raised its stake in shares of iShares Cohen & Steers REIT ETF by 1.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 17,691 shares of the company’s stock worth $1,066,000 after buying an additional 225 shares during 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).