MCF Advisors LLC Makes New $582,000 Investment in iShares Select U.S. REIT ETF $ICF

MCF Advisors LLC acquired a new stake in shares of iShares Select U.S. REIT ETF (BATS:ICF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,604 shares of the company’s stock, valued at approximately $582,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in iShares Select U.S. REIT ETF by 36.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,484,144 shares of the company’s stock valued at $88,559,000 after acquiring an additional 399,193 shares in the last quarter. Morgan Stanley raised its stake in shares of iShares Select U.S. REIT ETF by 1.0% in the fourth quarter. Morgan Stanley now owns 1,367,217 shares of the company’s stock worth $81,582,000 after purchasing an additional 13,815 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares Select U.S. REIT ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 773,812 shares of the company’s stock worth $47,891,000 after purchasing an additional 5,641 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares Select U.S. REIT ETF by 5.5% in the fourth quarter. Cetera Investment Advisers now owns 680,250 shares of the company’s stock valued at $40,590,000 after purchasing an additional 35,457 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of iShares Select U.S. REIT ETF by 4.8% in the third quarter. Raymond James Financial Inc. now owns 654,640 shares of the company’s stock valued at $40,339,000 after purchasing an additional 30,172 shares in the last quarter.

iShares Select U.S. REIT ETF Stock Down 0.8%

Shares of BATS:ICF opened at $65.77 on Friday. The business’s 50 day moving average is $68.46 and its 200 day moving average is $66.98. iShares Select U.S. REIT ETF has a 12-month low of $58.91 and a 12-month high of $71.01. The stock has a market cap of $2.08 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.