Balefire LLC Purchases 9,326 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

Balefire LLC boosted its position in iShares Mortgage Real Estate ETF (BATS:REM) by 4.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 210,670 shares of the company’s stock after purchasing an additional 9,326 shares during the period. iShares Mortgage Real Estate ETF comprises 1.6% of Balefire LLC’s portfolio, making the stock its 13th biggest holding. Balefire LLC owned about 0.79% of iShares Mortgage Real Estate ETF worth $4,727,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in REM. IFP Advisors Inc lifted its position in shares of iShares Mortgage Real Estate ETF by 179.6% during the 4th quarter. IFP Advisors Inc now owns 1,686 shares of the company’s stock valued at $36,000 after buying an additional 1,083 shares in the last quarter. NBC Securities Inc. boosted its position in shares of iShares Mortgage Real Estate ETF by 102,000.0% in the first quarter. NBC Securities Inc. now owns 11,231 shares of the company’s stock worth $252,000 after purchasing an additional 11,220 shares during the period. Two Sigma Securities LLC increased its stake in shares of iShares Mortgage Real Estate ETF by 41.0% in the fourth quarter. Two Sigma Securities LLC now owns 12,166 shares of the company’s stock worth $260,000 after purchasing an additional 3,540 shares in the last quarter. FWL Investment Management LLC raised its position in shares of iShares Mortgage Real Estate ETF by 1,031.9% during the 4th quarter. FWL Investment Management LLC now owns 13,062 shares of the company’s stock valued at $279,000 after purchasing an additional 11,908 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. lifted its stake in shares of iShares Mortgage Real Estate ETF by 18.1% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 14,223 shares of the company’s stock valued at $304,000 after buying an additional 2,181 shares in the last quarter.

iShares Mortgage Real Estate ETF Trading Down 0.7%

BATS:REM opened at $21.05 on Thursday. The company has a market capitalization of $543.09 million, a PE ratio of 14.69 and a beta of 1.33. The firm’s 50 day simple moving average is $21.09 and its 200-day simple moving average is $21.76.

iShares Mortgage Real Estate ETF Company 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.