Hsbc Holdings PLC bought a new position in iShares Select U.S. REIT ETF (BATS:ICF – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,244 shares of the company’s stock, valued at approximately $492,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. Clayton Financial Group LLC lifted its holdings in shares of iShares Select U.S. REIT ETF by 411.5% during the 4th quarter. Clayton Financial Group LLC now owns 491 shares of the company’s stock valued at $29,000 after buying an additional 395 shares during the period. AlphaCore Capital LLC bought a new stake in shares of iShares Select U.S. REIT ETF in the fourth quarter worth $37,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares Select U.S. REIT ETF in the fourth quarter worth $47,000. Harbour Investments Inc. increased its position in iShares Select U.S. REIT ETF by 28.6% during the fourth quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock valued at $55,000 after acquiring an additional 204 shares during the last quarter. Finally, Assetmark Inc. increased its position in iShares Select U.S. REIT ETF by 69.6% during the fourth quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock valued at $71,000 after acquiring an additional 491 shares during the last quarter.
iShares Select U.S. REIT ETF Stock Performance
ICF stock opened at $69.73 on Friday. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The business’s 50-day moving average is $68.05 and its two-hundred day moving average is $65.07. iShares Select U.S. REIT ETF has a fifty-two week low of $58.91 and a fifty-two week high of $69.78.
About iShares Select U.S. REIT ETF
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.
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