Advyzon Investment Management LLC Makes New Investment in iShares Mortgage Real Estate ETF (BATS:REM)

Advyzon Investment Management LLC bought a new stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,796 shares of the company’s stock, valued at approximately $295,000. Advyzon Investment Management LLC owned approximately 0.05% of iShares Mortgage Real Estate ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC lifted its position in iShares Mortgage Real Estate ETF by 25.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 16,100 shares of the company’s stock valued at $382,000 after acquiring an additional 3,300 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the 3rd quarter valued at about $368,000. Private Advisor Group LLC grew its position in iShares Mortgage Real Estate ETF by 144.8% during the third quarter. Private Advisor Group LLC now owns 48,869 shares of the company’s stock valued at $1,160,000 after buying an additional 28,905 shares during the period. Janney Montgomery Scott LLC increased its holdings in iShares Mortgage Real Estate ETF by 12.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,281 shares of the company’s stock valued at $1,266,000 after buying an additional 6,784 shares during the last quarter. Finally, Stifel Financial Corp raised its position in iShares Mortgage Real Estate ETF by 24.3% in the third quarter. Stifel Financial Corp now owns 15,761 shares of the company’s stock worth $374,000 after acquiring an additional 3,085 shares during the period.

iShares Mortgage Real Estate ETF Price Performance

BATS:REM opened at $23.42 on Friday. The business has a 50 day moving average of $21.99 and a two-hundred day moving average of $22.80. The stock has a market cap of $630.00 million, a price-to-earnings ratio of 6.41 and a beta of 1.30.

iShares Mortgage Real Estate ETF Profile

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.