iShares Mortgage Real Estate ETF $REM Shares Sold by Proficio Capital Partners LLC

Proficio Capital Partners LLC trimmed its position in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 92.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,475 shares of the company’s stock after selling 45,365 shares during the quarter. Proficio Capital Partners LLC’s holdings in iShares Mortgage Real Estate ETF were worth $77,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Purpose Unlimited Inc. purchased a new position in iShares Mortgage Real Estate ETF in the 4th quarter valued at $35,000. Ashton Thomas Securities LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the first quarter worth $43,000. Advisory Services Network LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the third quarter worth $58,000. NorthLanding Financial Partners LLC acquired a new stake in shares of iShares Mortgage Real Estate ETF in the second quarter valued at about $90,000. Finally, Triumph Capital Management purchased a new position in shares of iShares Mortgage Real Estate ETF in the third quarter worth about $106,000.

iShares Mortgage Real Estate ETF Trading Up 0.5%

REM opened at $21.79 on Friday. iShares Mortgage Real Estate ETF has a twelve month low of $20.41 and a twelve month high of $24.05. The firm has a market capitalization of $562.18 million, a PE ratio of 14.69 and a beta of 1.33. The firm’s 50-day moving average price is $21.92 and its 200 day moving average price is $21.99.

iShares Mortgage Real Estate ETF 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.