Alpine Global Management LLC bought a new stake in iShares Mortgage Real Estate ETF (BATS:REM – Free Report) during the 4th quarter, Holdings Channel reports. The firm bought 17,445 shares of the company’s stock, valued at approximately $372,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. IFP Advisors Inc grew its position in shares of iShares Mortgage Real Estate ETF by 179.6% in the fourth quarter. IFP Advisors Inc now owns 1,686 shares of the company’s stock valued at $36,000 after purchasing an additional 1,083 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of iShares Mortgage Real Estate ETF in the fourth quarter valued at approximately $215,000. Two Sigma Securities LLC grew its position in shares of iShares Mortgage Real Estate ETF by 41.0% in the fourth quarter. Two Sigma Securities LLC now owns 12,166 shares of the company’s stock valued at $260,000 after purchasing an additional 3,540 shares during the last quarter. FWL Investment Management LLC boosted its stake in shares of iShares Mortgage Real Estate ETF by 1,031.9% in the fourth quarter. FWL Investment Management LLC now owns 13,062 shares of the company’s stock valued at $279,000 after buying an additional 11,908 shares during the period. Finally, Advyzon Investment Management LLC bought a new stake in shares of iShares Mortgage Real Estate ETF in the fourth quarter valued at approximately $295,000.
iShares Mortgage Real Estate ETF Trading Up 0.1%
Shares of REM stock opened at $20.77 on Friday. The company has a market capitalization of $542.10 million, a PE ratio of 13.62 and a beta of 1.36. The company has a 50-day moving average of $21.23 and a 200 day moving average of $22.05.
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.
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Want to see what other hedge funds are holding REM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Mortgage Real Estate ETF (BATS:REM – Free Report).
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