Hsbc Holdings PLC Takes Position in iShares Select U.S. REIT ETF $ICF

Hsbc Holdings PLC bought a new position in iShares Select U.S. REIT ETF (BATS:ICF) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,244 shares of the company’s stock, valued at approximately $492,000.

Several other institutional investors also recently modified their holdings of the business. Clayton Financial Group LLC boosted its stake in iShares Select U.S. REIT ETF by 411.5% during the fourth quarter. Clayton Financial Group LLC now owns 491 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares in the last quarter. AlphaCore Capital LLC bought a new position in shares of iShares Select U.S. REIT ETF during the fourth quarter valued at approximately $37,000. Flagship Harbor Advisors LLC bought a new position in shares of iShares Select U.S. REIT ETF during the fourth quarter valued at approximately $47,000. Harbour Investments Inc. lifted its holdings in shares of 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 purchasing an additional 204 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of iShares Select U.S. REIT ETF by 69.6% during the fourth quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock valued at $71,000 after purchasing an additional 491 shares during the last quarter.

iShares Select U.S. REIT ETF Stock Up 2.0%

Shares of ICF opened at $69.73 on Friday. The business’s 50 day moving average price is $68.05 and its 200-day moving average price is $65.07. iShares Select U.S. REIT ETF has a 52 week low of $58.91 and a 52 week high of $69.78. The stock has a market cap of $2.20 billion, a P/E ratio of 35.35 and a beta of 0.97.

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.