iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 12-Month Low – Here’s What Happened

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $59.13 and last traded at $60.12, with a volume of 228264 shares. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Performance

The firm has a 50 day moving average of $62.27 and a 200-day moving average of $62.83. The stock has a market capitalization of $2.19 billion, a PE ratio of 30.19 and a beta of 0.94.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Hedge funds have recently bought and sold shares of the business. Westside Investment Management Inc. raised its stake in shares of iShares Cohen & Steers REIT ETF by 11.4% during the 4th quarter. Westside Investment Management Inc. now owns 10,859 shares of the company’s stock worth $654,000 after purchasing an additional 1,111 shares in the last quarter. Delta Capital Management LLC acquired a new stake in iShares Cohen & Steers REIT ETF in the 4th quarter valued at approximately $687,000. Arbor Trust Wealth Advisors LLC grew its holdings in iShares Cohen & Steers REIT ETF by 45.5% in the 4th quarter. Arbor Trust Wealth Advisors LLC now owns 59,429 shares of the company’s stock valued at $3,581,000 after buying an additional 18,597 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in shares of iShares Cohen & Steers REIT ETF by 10.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 4,667 shares of the company’s stock worth $281,000 after acquiring an additional 460 shares during the period. Finally, Tallon Kerry Patrick bought a new stake in shares of iShares Cohen & Steers REIT ETF in the 4th quarter worth approximately $301,000.

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).