iShares Select U.S. REIT ETF (BATS:ICF) Sets New 52-Week High – What’s Next?

iShares Select U.S. REIT ETF (BATS:ICF) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $65.75 and last traded at $65.54, with a volume of 35363 shares traded. The stock had previously closed at $64.06.

iShares Select U.S. REIT ETF Trading Up 1.7%

The company has a market cap of $2.06 billion, a PE ratio of 35.35 and a beta of 0.97. The business has a fifty day simple moving average of $60.58 and a two-hundred day simple moving average of $60.85.

Institutional Trading of iShares Select U.S. REIT ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. TD Private Client Wealth LLC boosted its holdings in iShares Select U.S. REIT ETF by 3.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 5,557 shares of the company’s stock valued at $342,000 after purchasing an additional 164 shares during the last quarter. Fifth Third Securities Inc. lifted its holdings in iShares Select U.S. REIT ETF by 2.2% in the fourth quarter. Fifth Third Securities Inc. now owns 7,907 shares of the company’s stock valued at $472,000 after acquiring an additional 168 shares during the last quarter. Integrated Advisors Network LLC grew its position in iShares Select U.S. REIT ETF by 1.8% in the third quarter. Integrated Advisors Network LLC now owns 9,597 shares of the company’s stock worth $591,000 after acquiring an additional 171 shares during the period. Sequoia Financial Advisors LLC increased its stake in iShares Select U.S. REIT ETF by 3.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 5,448 shares of the company’s stock worth $325,000 after acquiring an additional 176 shares during the last quarter. Finally, Fortress Financial Solutions LLC raised its position in iShares Select U.S. REIT ETF by 4.2% in the second quarter. Fortress Financial Solutions LLC now owns 4,586 shares of the company’s stock valued at $280,000 after purchasing an additional 186 shares during the period.

iShares Select U.S. REIT ETF Company 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). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.