Soltis Investment Advisors LLC Sells 31,587 Shares of iShares Mortgage Real Estate ETF $REM

Soltis Investment Advisors LLC trimmed its position in shares of iShares Mortgage Real Estate ETF (BATS:REMFree Report) by 35.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,407 shares of the company’s stock after selling 31,587 shares during the period. Soltis Investment Advisors LLC’s holdings in iShares Mortgage Real Estate ETF were worth $1,273,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Miller Global Investments LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth $26,000. Sound Income Strategies LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth $38,000. Advisory Services Network LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the third quarter worth $58,000. McIlrath & Eck LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth $79,000. Finally, Triumph Capital Management purchased a new stake in shares of iShares Mortgage Real Estate ETF during the third quarter worth $106,000.

iShares Mortgage Real Estate ETF Price Performance

BATS:REM opened at $21.75 on Monday. The company has a market cap of $561.15 million, a P/E ratio of 14.69 and a beta of 1.33. The stock’s fifty day moving average price is $22.06 and its two-hundred day moving average price is $22.42. iShares Mortgage Real Estate ETF has a 1 year low of $20.35 and a 1 year high of $24.05.

iShares Mortgage Real Estate ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Mortgage Real Estate ETF (BATS:REM)

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