iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 52-Week Low – Here’s What Happened

iShares Cohen & Steers REIT ETF (BATS:ICF) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $59.13 and last traded at $60.94, with a volume of 228264 shares traded. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Performance

The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 36.87 and a beta of 0.94. The firm’s 50-day simple moving average is $61.19 and its 200-day simple moving average is $63.12.

Institutional Trading of iShares Cohen & Steers REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Nemes Rush Group LLC grew its position in iShares Cohen & Steers REIT ETF by 10,000.0% in the 4th quarter. Nemes Rush Group LLC now owns 606 shares of the company’s stock worth $37,000 after purchasing an additional 600 shares during the last quarter. Assetmark Inc. bought a new position in shares of iShares Cohen & Steers REIT ETF during the 4th quarter worth about $37,000. Jones Financial Companies Lllp lifted its holdings in shares of iShares Cohen & Steers REIT ETF by 142.7% during the 4th quarter. Jones Financial Companies Lllp now owns 677 shares of the company’s stock worth $41,000 after acquiring an additional 398 shares during the period. Lee Danner & Bass Inc. bought a new position in shares of iShares Cohen & Steers REIT ETF during the 4th quarter worth about $41,000. Finally, Harbour Investments Inc. lifted its holdings in shares of iShares Cohen & Steers REIT ETF by 26.3% during the 4th quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock worth $54,000 after acquiring an additional 188 shares during the period.

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).