iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 1-Year Low – Should You Sell?

iShares Cohen & Steers REIT ETF (BATS:ICF) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $59.13 and last traded at $63.58, with a volume of 228264 shares traded. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Up 8.2 %

The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 30.19 and a beta of 0.94. The company’s 50-day moving average price is $60.84 and its 200-day moving average price is $63.21.

Institutional Trading of iShares Cohen & Steers REIT ETF

Hedge funds have recently made changes to their positions in the business. Nemes Rush Group LLC raised its holdings in iShares Cohen & Steers REIT ETF by 10,000.0% in the fourth 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. Assetmark Inc. purchased a new position in iShares Cohen & Steers REIT ETF in the fourth quarter valued at approximately $37,000. Jones Financial Companies Lllp increased its stake in iShares Cohen & Steers REIT ETF by 142.7% in the fourth quarter. Jones Financial Companies Lllp now owns 677 shares of the company’s stock valued at $41,000 after purchasing an additional 398 shares during the last quarter. Lee Danner & Bass Inc. purchased a new position in shares of iShares Cohen & Steers REIT ETF during the fourth quarter worth approximately $41,000. Finally, Harbour Investments Inc. grew its position in iShares Cohen & Steers REIT ETF by 26.3% in the 4th quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock valued at $54,000 after buying an additional 188 shares during the last quarter.

iShares Cohen & Steers REIT ETF Company 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).