iShares Select U.S. REIT ETF $ICF Shares Sold by M&T Bank Corp

M&T Bank Corp lowered its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 98.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,146 shares of the company’s stock after selling 479,282 shares during the quarter. M&T Bank Corp’s holdings in iShares Select U.S. REIT ETF were worth $546,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. lifted its position in iShares Select U.S. REIT ETF by 4.8% in the third quarter. Raymond James Financial Inc. now owns 654,640 shares of the company’s stock valued at $40,339,000 after buying an additional 30,172 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in iShares Select U.S. REIT ETF by 5.4% in the third quarter. Foundations Investment Advisors LLC now owns 567,249 shares of the company’s stock valued at $34,954,000 after buying an additional 29,219 shares during the last quarter. AMG National Trust Bank lifted its position in iShares Select U.S. REIT ETF by 4.7% in the third quarter. AMG National Trust Bank now owns 330,217 shares of the company’s stock valued at $20,348,000 after buying an additional 14,812 shares during the last quarter. Huntington National Bank lifted its position in iShares Select U.S. REIT ETF by 31.9% in the third quarter. Huntington National Bank now owns 249,816 shares of the company’s stock valued at $15,394,000 after buying an additional 60,408 shares during the last quarter. Finally, IFG Advisors LLC increased its stake in iShares Select U.S. REIT ETF by 2.8% during the fourth quarter. IFG Advisors LLC now owns 236,077 shares of the company’s stock worth $14,087,000 after purchasing an additional 6,473 shares during the period.

iShares Select U.S. REIT ETF Price Performance

Shares of BATS:ICF opened at $67.73 on Friday. The firm has a market capitalization of $2.14 billion, a PE ratio of 35.35 and a beta of 0.97. The firm’s 50-day moving average is $64.64 and its two-hundred day moving average is $62.34. iShares Select U.S. REIT ETF has a 1 year low of $58.91 and a 1 year high of $68.05.

iShares Select U.S. REIT ETF Company 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). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.