iShares Select U.S. REIT ETF (BATS:ICF) Short Interest Update

iShares Select U.S. REIT ETF (BATS:ICF) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 167,841 shares, a drop of 46.8% from the May 31st total of 315,371 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 150,898 shares, the short-interest ratio is currently 1.1 days.

iShares Select U.S. REIT ETF Price Performance

iShares Select U.S. REIT ETF stock opened at $67.80 on Thursday. The company’s 50 day simple moving average is $67.74 and its 200 day simple moving average is $64.39. iShares Select U.S. REIT ETF has a fifty-two week low of $58.91 and a fifty-two week high of $69.78. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97.

Institutional Investors Weigh In On iShares Select U.S. REIT ETF

Several hedge funds have recently bought and sold shares of ICF. Clayton Financial Group LLC grew its holdings in shares of iShares Select U.S. REIT ETF by 411.5% in the 4th quarter. Clayton Financial Group LLC now owns 491 shares of the company’s stock valued at $29,000 after buying an additional 395 shares during the period. AlphaCore Capital LLC acquired a new stake in iShares Select U.S. REIT ETF during the 4th quarter worth $37,000. Flagship Harbor Advisors LLC bought a new position in iShares Select U.S. REIT ETF during the fourth quarter worth about $47,000. Harbour Investments Inc. lifted its holdings in iShares Select U.S. REIT ETF by 28.6% during the fourth quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock worth $55,000 after acquiring an additional 204 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in iShares Select U.S. REIT ETF by 69.6% during the fourth quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock worth $71,000 after acquiring an additional 491 shares in the last quarter.

iShares Select U.S. 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). 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.