iShares Mortgage Real Estate ETF (BATS:REM) Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. raised its holdings in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 2.2% during the 4th quarter, Holdings Channel reports. The fund owned 74,015 shares of the company’s stock after purchasing an additional 1,620 shares during the period. Harbour Investments Inc.’s holdings in iShares Mortgage Real Estate ETF were worth $1,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new stake in iShares Mortgage Real Estate ETF during the 3rd quarter valued at $6,051,000. Clarity Financial LLC raised its stake in iShares Mortgage Real Estate ETF by 91.0% during the 4th quarter. Clarity Financial LLC now owns 209,292 shares of the company’s stock valued at $4,468,000 after acquiring an additional 99,699 shares in the last quarter. Barry Investment Advisors LLC raised its stake in iShares Mortgage Real Estate ETF by 0.9% during the 4th quarter. Barry Investment Advisors LLC now owns 142,732 shares of the company’s stock valued at $3,047,000 after acquiring an additional 1,241 shares in the last quarter. Drive Wealth Management LLC raised its stake in iShares Mortgage Real Estate ETF by 135.6% during the 4th quarter. Drive Wealth Management LLC now owns 99,396 shares of the company’s stock valued at $2,122,000 after acquiring an additional 57,202 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in iShares Mortgage Real Estate ETF by 11.1% during the 3rd quarter. MML Investors Services LLC now owns 88,097 shares of the company’s stock valued at $2,091,000 after acquiring an additional 8,782 shares in the last quarter.

iShares Mortgage Real Estate ETF Stock Up 0.6 %

Shares of iShares Mortgage Real Estate ETF stock opened at $23.29 on Tuesday. The firm’s fifty day simple moving average is $22.51 and its two-hundred day simple moving average is $22.78. The company has a market cap of $675.41 million, a P/E ratio of 11.05 and a beta of 1.73.

About iShares Mortgage Real Estate ETF

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.