MCF Advisors LLC Makes New Investment in iShares Select U.S. REIT ETF $ICF

MCF Advisors LLC bought a new position in iShares Select U.S. REIT ETF (BATS:ICF) during the second quarter, Holdings Channel.com reports. The firm bought 8,604 shares of the company’s stock, valued at approximately $582,000.

Other institutional investors also recently modified their holdings of the company. AlphaCore Capital LLC purchased a new position in iShares Select U.S. REIT ETF in the fourth quarter worth $37,000. Harbour Investments Inc. grew its position in iShares Select U.S. REIT ETF by 28.6% during the fourth quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock valued at $55,000 after buying an additional 204 shares during the period. Biltmore Family Office LLC increased its holdings in iShares Select U.S. REIT ETF by 40.0% during the fourth quarter. Biltmore Family Office LLC now owns 1,400 shares of the company’s stock worth $84,000 after buying an additional 400 shares during the last quarter. Quadrant Capital Group LLC purchased a new stake in iShares Select U.S. REIT ETF during the fourth quarter worth about $85,000. Finally, Russell Investments Group Ltd. raised its position in iShares Select U.S. REIT ETF by 43.7% in the fourth quarter. Russell Investments Group Ltd. now owns 1,704 shares of the company’s stock worth $102,000 after acquiring an additional 518 shares during the period.

iShares Select U.S. REIT ETF Stock Down 0.8%

iShares Select U.S. REIT ETF stock opened at $65.77 on Friday. iShares Select U.S. REIT ETF has a twelve month low of $58.91 and a twelve month high of $71.01. The firm has a 50 day moving average price of $68.46 and a 200-day moving average price of $66.98. The company has a market capitalization of $2.08 billion, a P/E ratio of 35.35 and a beta of 0.97.

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). 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.