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

Shares of iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low during trading on Monday . The company traded as low as $66.11 and last traded at $65.21, with a volume of 87061 shares traded. The stock had previously closed at $66.16.

iShares Cohen & Steers REIT ETF Price Performance

The business’s 50 day simple moving average is $64.79 and its 200 day simple moving average is $61.70. The company has a market capitalization of $2.36 billion, a PE ratio of 30.19 and a beta of 0.94.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Foundations Investment Advisors LLC raised its stake in shares of iShares Cohen & Steers REIT ETF by 12.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 392,177 shares of the company’s stock valued at $22,468,000 after acquiring an additional 43,586 shares during the period. AMG National Trust Bank raised its stake in shares of iShares Cohen & Steers REIT ETF by 0.8% in the 3rd quarter. AMG National Trust Bank now owns 318,719 shares of the company’s stock valued at $21,007,000 after acquiring an additional 2,594 shares during the period. Koss Olinger Consulting LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF in the 2nd quarter valued at approximately $13,481,000. IFG Advisors LLC raised its stake in shares of iShares Cohen & Steers REIT ETF by 5.8% in the 3rd quarter. IFG Advisors LLC now owns 224,724 shares of the company’s stock valued at $14,812,000 after acquiring an additional 12,385 shares during the period. Finally, National Bank of Canada FI purchased a new stake in iShares Cohen & Steers REIT ETF during the 3rd quarter worth approximately $13,278,000.

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).