Avidian Wealth Enterprises LLC Has $1.33 Million Stock Holdings in iShares Select U.S. REIT ETF $ICF

Avidian Wealth Enterprises LLC grew its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 2.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,712 shares of the company’s stock after acquiring an additional 521 shares during the period. Avidian Wealth Enterprises LLC owned 0.07% of iShares Select U.S. REIT ETF worth $1,328,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Merit Financial Group LLC boosted its position in iShares Select U.S. REIT ETF by 2,919.9% during the second quarter. Merit Financial Group LLC now owns 103,944 shares of the company’s stock valued at $6,357,000 after purchasing an additional 100,502 shares during the last quarter. CWM LLC grew its stake in iShares Select U.S. REIT ETF by 506.4% in the 1st quarter. CWM LLC now owns 111,615 shares of the company’s stock valued at $6,868,000 after buying an additional 93,208 shares during the last quarter. Royal Bank of Canada raised its holdings in iShares Select U.S. REIT ETF by 17.5% in the 1st quarter. Royal Bank of Canada now owns 465,141 shares of the company’s stock valued at $28,620,000 after acquiring an additional 69,295 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Select U.S. REIT ETF by 3.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,147,157 shares of the company’s stock worth $132,115,000 after acquiring an additional 68,086 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of iShares Select U.S. REIT ETF by 27.2% in the first quarter. Bank of New York Mellon Corp now owns 262,173 shares of the company’s stock valued at $16,132,000 after purchasing an additional 56,065 shares during the last quarter.

iShares Select U.S. REIT ETF Trading Up 5.3%

BATS:ICF opened at $62.29 on Wednesday. The stock has a 50 day simple moving average of $61.08 and a 200 day simple moving average of $60.81. The stock has a market cap of $1.97 billion, a P/E ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 1-year low of $52.76 and a 1-year high of $67.57.

iShares Select U.S. REIT ETF 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).