iShares Select U.S. REIT ETF $ICF Shares Bought by M&T Bank Corp

M&T Bank Corp raised its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 4.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 488,428 shares of the company’s stock after buying an additional 21,808 shares during the period. M&T Bank Corp owned approximately 1.55% of iShares Select U.S. REIT ETF worth $30,097,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ICF. Midwest Trust Co acquired a new stake in shares of iShares Select U.S. REIT ETF in the 2nd quarter worth approximately $241,000. Allworth Financial LP raised its holdings in iShares Select U.S. REIT ETF by 152.3% during the second quarter. Allworth Financial LP now owns 3,794 shares of the company’s stock worth $232,000 after purchasing an additional 2,290 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in iShares Select U.S. REIT ETF by 15.3% during the second quarter. Foundations Investment Advisors LLC now owns 538,030 shares of the company’s stock worth $32,906,000 after purchasing an additional 71,272 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares Select U.S. REIT ETF by 6.4% in the second quarter. Cetera Investment Advisers now owns 506,504 shares of the company’s stock valued at $30,978,000 after purchasing an additional 30,624 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of iShares Select U.S. REIT ETF by 1.9% in the second quarter. Avantax Advisory Services Inc. now owns 94,836 shares of the company’s stock valued at $5,800,000 after buying an additional 1,812 shares in the last quarter.

iShares Select U.S. REIT ETF Stock Up 0.3%

BATS:ICF opened at $63.98 on Friday. iShares Select U.S. REIT ETF has a 52-week low of $52.76 and a 52-week high of $66.49. The stock has a fifty day simple moving average of $62.94 and a 200-day simple moving average of $61.56. The company has a market capitalization of $2.02 billion, a PE ratio of 35.35 and a beta of 0.97.

About iShares Select U.S. 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). 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.