Innova Wealth Partners Makes New $2.73 Million Investment in iShares Cohen & Steers REIT ETF (BATS:ICF)

Innova Wealth Partners purchased a new stake in iShares Cohen & Steers REIT ETF (BATS:ICF) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 45,277 shares of the company’s stock, valued at approximately $2,728,000. iShares Cohen & Steers REIT ETF accounts for approximately 1.7% of Innova Wealth Partners’ holdings, making the stock its 17th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bristlecone Advisors LLC bought a new position in iShares Cohen & Steers REIT ETF in the third quarter valued at about $25,000. Farther Finance Advisors LLC increased its stake in shares of iShares Cohen & Steers REIT ETF by 841.0% in the third quarter. Farther Finance Advisors LLC now owns 941 shares of the company’s stock valued at $62,000 after buying an additional 841 shares during the period. ORG Wealth Partners LLC bought a new position in iShares Cohen & Steers REIT ETF in the 3rd quarter valued at approximately $108,000. Citizens Financial Group Inc. RI acquired a new stake in iShares Cohen & Steers REIT ETF during the 2nd quarter worth approximately $204,000. Finally, Klingman & Associates LLC bought a new stake in iShares Cohen & Steers REIT ETF during the 3rd quarter worth approximately $206,000.

iShares Cohen & Steers REIT ETF Stock Performance

Shares of BATS ICF opened at $59.12 on Wednesday. The firm has a 50 day moving average price of $62.97 and a two-hundred day moving average price of $62.78. The stock has a market cap of $2.14 billion, a P/E ratio of 30.19 and a beta of 0.94. iShares Cohen & Steers REIT ETF has a 52-week low of $88.40 and a 52-week high of $104.37.

iShares Cohen & Steers 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).