Fortress Financial Solutions LLC Takes $259,000 Position in iShares Cohen & Steers REIT ETF (BATS:ICF)

Fortress Financial Solutions LLC purchased a new position in shares of iShares Cohen & Steers REIT ETF (BATS:ICF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,301 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds have also recently added to or reduced their stakes in ICF. ORG Wealth Partners LLC acquired a new stake in shares of iShares Cohen & Steers REIT ETF during the 3rd quarter worth $108,000. IFG Advisors LLC lifted its position in iShares Cohen & Steers REIT ETF by 5.8% during the third quarter. IFG Advisors LLC now owns 224,724 shares of the company’s stock worth $14,812,000 after purchasing an additional 12,385 shares during the period. Sequoia Financial Advisors LLC grew its stake in iShares Cohen & Steers REIT ETF by 4.9% during the third quarter. Sequoia Financial Advisors LLC now owns 5,532 shares of the company’s stock worth $365,000 after buying an additional 260 shares in the last quarter. Private Advisor Group LLC increased its holdings in iShares Cohen & Steers REIT ETF by 5.4% in the 3rd quarter. Private Advisor Group LLC now owns 78,573 shares of the company’s stock valued at $5,179,000 after buying an additional 4,046 shares during the period. Finally, School Employees Retirement Board of Ohio bought a new position in iShares Cohen & Steers REIT ETF in the 3rd quarter valued at about $6,966,000.

iShares Cohen & Steers REIT ETF Trading Up 4.9 %

Shares of iShares Cohen & Steers REIT ETF stock opened at $62.05 on Wednesday. The company has a market cap of $2.25 billion, a PE ratio of 30.19 and a beta of 0.94. The company has a 50 day moving average of $61.06 and a 200-day moving average of $63.12. iShares Cohen & Steers REIT ETF has a 1-year low of $88.40 and a 1-year high of $104.37.

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).