Valeo Financial Advisors LLC Sells 11,982 Shares of iShares Select U.S. REIT ETF $ICF

Valeo Financial Advisors LLC trimmed its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 61.9% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 7,389 shares of the company’s stock after selling 11,982 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Select U.S. REIT ETF were worth $455,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wealthcare Advisory Partners LLC bought a new position in shares of iShares Select U.S. REIT ETF during the second quarter valued at about $496,000. OLD National Bancorp IN bought a new position in iShares Select U.S. REIT ETF during the 2nd quarter worth approximately $445,000. Merit Financial Group LLC increased its stake in iShares Select U.S. REIT ETF by 2,919.9% in the 2nd quarter. Merit Financial Group LLC now owns 103,944 shares of the company’s stock worth $6,357,000 after purchasing an additional 100,502 shares during the period. Blair William & Co. IL lifted its position in iShares Select U.S. REIT ETF by 824.9% in the second quarter. Blair William & Co. IL now owns 18,645 shares of the company’s stock valued at $1,140,000 after purchasing an additional 16,629 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of iShares Select U.S. REIT ETF by 5.0% during the second quarter. CWM LLC now owns 117,176 shares of the company’s stock valued at $7,167,000 after purchasing an additional 5,561 shares during the period.

iShares Select U.S. REIT ETF Stock Up 3.4%

Shares of BATS ICF opened at $61.19 on Friday. The firm’s fifty day moving average is $60.39 and its 200 day moving average is $60.85. iShares Select U.S. REIT ETF has a 52 week low of $52.76 and a 52 week high of $67.57. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97.

iShares Select U.S. REIT ETF Profile

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). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.