iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 12-Month Low – Time to Sell?

by · The Cerbat Gem

iShares Cohen & Steers REIT ETF (BATS:ICFGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $62.88 and last traded at $63.62, with a volume of 1426956 shares trading hands. The stock had previously closed at $62.91.

iShares Cohen & Steers REIT ETF Stock Up 1.1 %

The company’s 50 day moving average price is $65.19 and its two-hundred day moving average price is $60.28. The firm has a market cap of $2.31 billion, a PE ratio of 30.19 and a beta of 0.94.

Institutional Trading of iShares Cohen & Steers REIT ETF

Several institutional investors have recently added to or reduced their stakes in the company. Bristlecone Advisors LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF in the third quarter worth approximately $25,000. Ridgewood Investments LLC bought a new stake in shares of iShares Cohen & Steers REIT ETF during the second quarter worth $33,000. Farther Finance Advisors LLC lifted its position in shares of iShares Cohen & Steers REIT ETF by 841.0% during the third quarter. Farther Finance Advisors LLC now owns 941 shares of the company’s stock worth $62,000 after purchasing an additional 841 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the third quarter valued at $108,000. Finally, Physician Wealth Advisors Inc. bought a new position in shares of iShares Cohen & Steers REIT ETF in the second quarter worth about $202,000.

iShares Cohen & Steers REIT ETF Company Profile

(Get Free Report)

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).

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