iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 1-Year Low – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price hit a new 52-week low on Monday . The company traded as low as $59.13 and last traded at $61.82, with a volume of 228264 shares traded. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Trading Up 6.3 %

The company’s 50-day moving average is $60.68 and its 200-day moving average is $63.19. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 30.19 and a beta of 0.94.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

A number of large investors have recently modified their holdings of the business. Integrated Advisors Network LLC lifted its position in shares of iShares Cohen & Steers REIT ETF by 2.0% during the 4th quarter. Integrated Advisors Network LLC now owns 9,714 shares of the company’s stock worth $585,000 after buying an additional 186 shares during the last quarter. Ameriflex Group Inc. acquired a new position in iShares Cohen & Steers REIT ETF during the fourth quarter worth about $137,000. American Trust bought a new position in shares of iShares Cohen & Steers REIT ETF in the fourth quarter worth about $361,000. Connecticut Wealth Management LLC lifted its holdings in shares of iShares Cohen & Steers REIT ETF by 7.3% in the fourth quarter. Connecticut Wealth Management LLC now owns 450,373 shares of the company’s stock worth $27,139,000 after acquiring an additional 30,486 shares during the last quarter. Finally, White Knight Strategic Wealth Advisors LLC boosted its stake in shares of iShares Cohen & Steers REIT ETF by 96.4% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 27,336 shares of the company’s stock valued at $1,647,000 after purchasing an additional 13,421 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).