AlphaCentric Advisors LLC Has $314,000 Position in iShares Mortgage Real Estate ETF (BATS:REM)

AlphaCentric Advisors LLC reduced its position in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 11.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,181 shares of the company’s stock after selling 1,773 shares during the period. AlphaCentric Advisors LLC’s holdings in iShares Mortgage Real Estate ETF were worth $314,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. acquired a new position in iShares Mortgage Real Estate ETF in the 4th quarter valued at $26,000. Bfsg LLC acquired a new position in iShares Mortgage Real Estate ETF in the 1st quarter valued at $33,000. Mather Group LLC. acquired a new position in shares of iShares Mortgage Real Estate ETF during the 2nd quarter worth $39,000. International Assets Investment Management LLC acquired a new position in shares of iShares Mortgage Real Estate ETF during the 4th quarter worth $70,000. Finally, NBC Securities Inc. raised its holdings in shares of iShares Mortgage Real Estate ETF by 24.0% during the 4th quarter. NBC Securities Inc. now owns 7,482 shares of the company’s stock worth $176,000 after buying an additional 1,450 shares in the last quarter.

iShares Mortgage Real Estate ETF Trading Up 0.8 %

Shares of iShares Mortgage Real Estate ETF stock traded up $0.20 during trading on Monday, reaching $23.84. 506,323 shares of the company’s stock were exchanged. The stock has a market cap of $641.16 million, a P/E ratio of 6.41 and a beta of 1.30. The company has a fifty day simple moving average of $22.98 and a 200-day simple moving average of $22.57.

About iShares Mortgage Real Estate ETF

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.