Bridges Investment Management Inc. Acquires 2,200 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

Bridges Investment Management Inc. lifted its holdings in iShares Mortgage Real Estate ETF (BATS:REMFree Report) by 7.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,177 shares of the company’s stock after purchasing an additional 2,200 shares during the period. Bridges Investment Management Inc. owned 0.11% of iShares Mortgage Real Estate ETF worth $759,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Morgan Stanley increased its stake in shares of iShares Mortgage Real Estate ETF by 4.2% in the fourth quarter. Morgan Stanley now owns 1,108,071 shares of the company’s stock worth $25,142,000 after purchasing an additional 44,161 shares during the period. Bank of America Corp DE increased its stake in shares of iShares Mortgage Real Estate ETF by 382.3% in the first quarter. Bank of America Corp DE now owns 799,111 shares of the company’s stock worth $17,453,000 after purchasing an additional 1,082,138 shares during the period. BlackRock Inc. increased its stake in iShares Mortgage Real Estate ETF by 4.8% during the second quarter. BlackRock Inc. now owns 623,428 shares of the company’s stock valued at $14,713,000 after acquiring an additional 28,633 shares during the period. LPL Financial LLC increased its stake in iShares Mortgage Real Estate ETF by 4.0% during the third quarter. LPL Financial LLC now owns 589,596 shares of the company’s stock valued at $13,172,000 after acquiring an additional 22,569 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares Mortgage Real Estate ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 438,193 shares of the company’s stock valued at $9,789,000 after acquiring an additional 22,621 shares during the period.

iShares Mortgage Real Estate ETF Stock Down 1.4 %

REM traded down $0.31 on Wednesday, hitting $22.60. 430,330 shares of the stock traded hands. The company has a market cap of $636.19 million, a price-to-earnings ratio of 6.78 and a beta of 1.50. The business has a 50 day moving average of $22.45 and a two-hundred day moving average of $22.44.

iShares Mortgage Real Estate ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Mortgage Real Estate ETF (BATS:REM)

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