iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 1-Year Low – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $59.13 and last traded at $60.94, with a volume of 228264 shares changing hands. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Performance

The stock has a fifty day moving average price of $61.25 and a 200-day moving average price of $63.09. The firm has a market capitalization of $2.22 billion, a PE ratio of 36.87 and a beta of 0.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ICF. Commerce Bank increased its holdings in shares of iShares Cohen & Steers REIT ETF by 4.6% in the 3rd quarter. Commerce Bank now owns 21,744 shares of the company’s stock valued at $1,433,000 after acquiring an additional 950 shares during the period. Cahill Financial Advisors Inc. purchased a new position in iShares Cohen & Steers REIT ETF during the 3rd quarter worth $207,000. Elios Financial Group Inc. purchased a new position in iShares Cohen & Steers REIT ETF during the 3rd quarter worth $2,222,000. D.A. Davidson & CO. grew its stake in iShares Cohen & Steers REIT ETF by 1.5% during the 3rd quarter. D.A. Davidson & CO. now owns 46,659 shares of the company’s stock worth $3,075,000 after buying an additional 671 shares during the last quarter. Finally, Cadence Bank purchased a new position in iShares Cohen & Steers REIT ETF during the 3rd quarter worth $268,000.

iShares Cohen & Steers 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).