iShares Select U.S. REIT ETF (BATS:ICF) Short Interest Update

iShares Select U.S. REIT ETF (BATS:ICF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 51,132 shares, a growth of 96.3% from the July 15th total of 26,045 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 135,489 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On iShares Select U.S. REIT ETF

A number of institutional investors have recently bought and sold shares of ICF. Peapack Gladstone Financial Corp increased its position in iShares Select U.S. REIT ETF by 50.3% in the second quarter. Peapack Gladstone Financial Corp now owns 24,733 shares of the company’s stock worth $1,512,000 after buying an additional 8,281 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Select U.S. REIT ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 101,871 shares of the company’s stock valued at $6,231,000 after buying an additional 10,787 shares in the last quarter. IHT Wealth Management LLC grew its stake in shares of iShares Select U.S. REIT ETF by 0.8% during the 2nd quarter. IHT Wealth Management LLC now owns 25,168 shares of the company’s stock valued at $1,539,000 after acquiring an additional 205 shares during the period. Modern Wealth Management LLC bought a new position in shares of iShares Select U.S. REIT ETF during the 2nd quarter valued at approximately $4,301,000. Finally, MML Investors Services LLC grew its stake in shares of iShares Select U.S. REIT ETF by 40.6% during the 2nd quarter. MML Investors Services LLC now owns 32,334 shares of the company’s stock valued at $1,978,000 after acquiring an additional 9,340 shares during the period.

iShares Select U.S. REIT ETF Trading Down 0.8%

ICF opened at $68.48 on Tuesday. The firm’s 50 day simple moving average is $68.68 and its two-hundred day simple moving average is $66.40. The company has a market capitalization of $2.16 billion, a PE ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 1-year low of $58.91 and a 1-year high of $71.01.

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.