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

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 $63.66 and last traded at $63.75, with a volume of 67513 shares changing hands. The stock had previously closed at $64.24.

iShares Cohen & Steers REIT ETF Trading Up 0.1 %

The company has a market cap of $2.32 billion, a PE ratio of 30.19 and a beta of 0.94. The business has a fifty day moving average of $64.23 and a 200-day moving average of $59.16.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC boosted its position in iShares Cohen & Steers REIT ETF by 4.7% during the 4th quarter. Kestra Advisory Services LLC now owns 513,864 shares of the company’s stock valued at $30,179,000 after acquiring an additional 23,152 shares in the last quarter. Garde Capital Inc. boosted its position in iShares Cohen & Steers REIT ETF by 83.7% during the 4th quarter. Garde Capital Inc. now owns 164,218 shares of the company’s stock valued at $9,645,000 after acquiring an additional 74,801 shares in the last quarter. Proathlete Wealth Management LLC bought a new stake in iShares Cohen & Steers REIT ETF during the 4th quarter valued at approximately $3,391,000. Integrated Advisors Network LLC boosted its position in iShares Cohen & Steers REIT ETF by 2.7% during the 4th quarter. Integrated Advisors Network LLC now owns 8,403 shares of the company’s stock valued at $494,000 after acquiring an additional 220 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in iShares Cohen & Steers REIT ETF during the 4th quarter valued at approximately $4,206,000.

About iShares Cohen & Steers REIT ETF

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).