iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 1-Year Low – Time to Sell?

Shares of iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low on Monday . The company traded as low as $59.13 and last traded at $63.58, with a volume of 228264 shares changing hands. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Up 7.5 %

The firm’s 50 day simple moving average is $60.98 and its 200-day simple moving average is $63.23. The company has a market capitalization of $2.30 billion, a PE ratio of 36.87 and a beta of 0.94.

Institutional Trading of iShares Cohen & Steers REIT ETF

Institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. acquired a new position in shares of iShares Cohen & Steers REIT ETF during the fourth quarter worth about $37,000. Nemes Rush Group LLC raised its holdings in shares of iShares Cohen & Steers REIT ETF by 10,000.0% during the 4th quarter. Nemes Rush Group LLC now owns 606 shares of the company’s stock valued at $37,000 after buying an additional 600 shares during the period. Jones Financial Companies Lllp lifted its position in iShares Cohen & Steers REIT ETF by 142.7% during the 4th quarter. Jones Financial Companies Lllp now owns 677 shares of the company’s stock worth $41,000 after acquiring an additional 398 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in iShares Cohen & Steers REIT ETF in the 4th quarter worth approximately $41,000. Finally, Harbour Investments Inc. grew its position in iShares Cohen & Steers REIT ETF by 26.3% in the fourth quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock valued at $54,000 after acquiring an additional 188 shares in the last quarter.

About iShares Cohen & Steers REIT ETF

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).