iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 1-Year Low – Here’s Why

iShares Cohen & Steers REIT ETF (BATS:ICF)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $59.13 and last traded at $61.82, with a volume of 228264 shares changing hands. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Performance

The company has a market capitalization of $2.26 billion, a PE ratio of 30.19 and a beta of 0.94. The stock has a fifty day moving average of $60.67 and a 200 day moving average of $63.18.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Bristlecone Advisors LLC bought a new stake in shares of iShares Cohen & Steers REIT ETF in the 3rd quarter valued at about $25,000. Assetmark Inc. bought a new position in iShares Cohen & Steers REIT ETF in the fourth quarter worth approximately $37,000. Nemes Rush Group LLC boosted its position in iShares Cohen & Steers REIT ETF by 10,000.0% during the 4th quarter. Nemes Rush Group LLC now owns 606 shares of the company’s stock valued at $37,000 after acquiring an additional 600 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Cohen & Steers REIT ETF by 142.7% in the 4th quarter. Jones Financial Companies Lllp now owns 677 shares of the company’s stock valued at $41,000 after acquiring an additional 398 shares during the period. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the 4th quarter worth $41,000.

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).