iShares Select U.S. REIT ETF $ICF Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. decreased its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 11.4% during the 2nd quarter, Holdings Channel reports. The firm owned 131,167 shares of the company’s stock after selling 16,949 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Select U.S. REIT ETF were worth $8,022,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. HBW Advisory Services LLC purchased a new position in shares of iShares Select U.S. REIT ETF in the second quarter worth about $26,000. Millstone Evans Group LLC lifted its stake in shares of iShares Select U.S. REIT ETF by 441.7% in the first quarter. Millstone Evans Group LLC now owns 520 shares of the company’s stock worth $32,000 after buying an additional 424 shares in the last quarter. CX Institutional lifted its stake in shares of iShares Select U.S. REIT ETF by 360.3% in the second quarter. CX Institutional now owns 718 shares of the company’s stock worth $44,000 after buying an additional 562 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares Select U.S. REIT ETF by 506.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 800 shares of the company’s stock worth $49,000 after buying an additional 668 shares in the last quarter. Finally, Tompkins Financial Corp lifted its stake in shares of iShares Select U.S. REIT ETF by 161.3% in the second quarter. Tompkins Financial Corp now owns 951 shares of the company’s stock worth $58,000 after buying an additional 587 shares in the last quarter.

iShares Select U.S. REIT ETF Trading Up 5.6%

BATS:ICF opened at $62.49 on Thursday. The company’s 50-day moving average price is $61.12 and its 200-day moving average price is $60.85. The company has a market cap of $1.97 billion, a P/E ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a twelve month low of $52.76 and a twelve month high of $67.57.

iShares Select U.S. REIT ETF 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).