iShares Mortgage Real Estate ETF $REM Stock Holdings Lowered by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lowered its position in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 83.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 25,162 shares of the company’s stock after selling 125,826 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares Mortgage Real Estate ETF were worth $458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in REM. Bank of New York Mellon Corp purchased a new position in iShares Mortgage Real Estate ETF in the 1st quarter worth approximately $12,703,000. Bank of America Corp DE lifted its position in iShares Mortgage Real Estate ETF by 6.2% in the 1st quarter. Bank of America Corp DE now owns 584,319 shares of the company’s stock valued at $12,545,000 after acquiring an additional 34,299 shares in the last quarter. Evergreen Capital Management LLC purchased a new stake in iShares Mortgage Real Estate ETF during the 3rd quarter valued at $12,421,000. AdvisorNet Financial Inc purchased a new stake in iShares Mortgage Real Estate ETF during the 3rd quarter valued at $6,294,000. Finally, Balefire LLC boosted its stake in iShares Mortgage Real Estate ETF by 0.3% during the 1st quarter. Balefire LLC now owns 208,793 shares of the company’s stock valued at $4,483,000 after purchasing an additional 609 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Down 1.7%

iShares Mortgage Real Estate ETF stock opened at $17.20 on Friday. The firm has a market cap of $443.76 million, a price-to-earnings ratio of 14.69 and a beta of 1.33. The stock has a fifty day simple moving average of $18.74 and a two-hundred day simple moving average of $21.29. iShares Mortgage Real Estate ETF has a 12 month low of $16.66 and a 12 month high of $24.05.

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.