iShares Select U.S. REIT ETF (BATS:ICF) Shares Sold by Fortress Wealth Management Inc.

Fortress Wealth Management Inc. cut its stake in shares of iShares Select U.S. REIT ETF (BATS:ICF) by 4.0% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 15,588 shares of the company’s stock after selling 643 shares during the period. Fortress Wealth Management Inc.’s holdings in iShares Select U.S. REIT ETF were worth $959,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in iShares Select U.S. REIT ETF by 0.5% during the 4th quarter. Bank of America Corp DE now owns 808,781 shares of the company’s stock valued at $48,737,000 after purchasing an additional 3,960 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Select U.S. REIT ETF in the 4th quarter worth about $35,359,000. M&T Bank Corp lifted its position in shares of iShares Select U.S. REIT ETF by 1.5% during the first quarter. M&T Bank Corp now owns 479,547 shares of the company’s stock worth $29,506,000 after purchasing an additional 7,301 shares during the last quarter. Connecticut Wealth Management LLC increased its holdings in iShares Select U.S. REIT ETF by 7.3% in the fourth quarter. Connecticut Wealth Management LLC now owns 450,373 shares of the company’s stock valued at $27,139,000 after buying an additional 30,486 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in iShares Select U.S. REIT ETF by 3.1% during the 4th quarter. Royal Bank of Canada now owns 395,846 shares of the company’s stock worth $23,855,000 after buying an additional 11,813 shares during the last quarter.

iShares Select U.S. REIT ETF Trading Up 4.1%

Shares of BATS ICF opened at $61.60 on Tuesday. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The business has a 50 day simple moving average of $61.37 and a 200-day simple moving average of $60.79. iShares Select U.S. REIT ETF has a twelve month low of $52.76 and a twelve month 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).