Innova Wealth Partners Acquires 67,593 Shares of iShares Select U.S. REIT ETF $ICF

Innova Wealth Partners grew its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 1,084.8% during the first quarter, Holdings Channel reports. The firm owned 73,824 shares of the company’s stock after purchasing an additional 67,593 shares during the period. iShares Select U.S. REIT ETF makes up approximately 2.2% of Innova Wealth Partners’ portfolio, making the stock its 10th largest position. Innova Wealth Partners’ holdings in iShares Select U.S. REIT ETF were worth $4,569,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC grew its holdings in shares of iShares Select U.S. REIT ETF by 2.6% in the first quarter. Harbor Investment Advisory LLC now owns 38,751 shares of the company’s stock valued at $2,398,000 after acquiring an additional 982 shares in the last quarter. Ifrah Financial Services Inc. raised its stake in iShares Select U.S. REIT ETF by 0.3% in the 1st quarter. Ifrah Financial Services Inc. now owns 89,767 shares of the company’s stock valued at $5,556,000 after acquiring an additional 230 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at approximately $492,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Select U.S. REIT ETF by 149.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 22,409 shares of the company’s stock worth $1,337,000 after acquiring an additional 13,421 shares during the period. Finally, World Investment Advisors purchased a new position in iShares Select U.S. REIT ETF during the 4th quarter valued at about $260,000.

iShares Select U.S. REIT ETF Price Performance

BATS ICF opened at $67.80 on Thursday. The stock has a market capitalization of $2.14 billion, a PE ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 1 year low of $58.91 and a 1 year high of $69.78. The company’s 50 day simple moving average is $67.74 and its two-hundred day simple moving average is $64.39.

About iShares Select U.S. 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). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.