9,565 Shares in iShares Mortgage Real Estate ETF $REM Purchased by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. acquired a new stake in iShares Mortgage Real Estate ETF (BATS:REM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 9,565 shares of the company’s stock, valued at approximately $205,000.

Other large investors also recently modified their holdings of the company. Advyzon Investment Management LLC increased its position in shares of iShares Mortgage Real Estate ETF by 4.3% in the first quarter. Advyzon Investment Management LLC now owns 14,390 shares of the company’s stock valued at $323,000 after acquiring an additional 594 shares during the period. Private Advisor Group LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 1.7% in the first quarter. Private Advisor Group LLC now owns 53,139 shares of the company’s stock worth $1,192,000 after buying an additional 887 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 239.6% in the second quarter. Farther Finance Advisors LLC now owns 1,528 shares of the company’s stock worth $33,000 after buying an additional 1,078 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in iShares Mortgage Real Estate ETF by 3.0% during the first quarter. Baker Avenue Asset Management LP now owns 39,924 shares of the company’s stock valued at $896,000 after purchasing an additional 1,164 shares during the period. Finally, Trivium Point Advisory LLC lifted its position in iShares Mortgage Real Estate ETF by 0.8% during the first quarter. Trivium Point Advisory LLC now owns 161,368 shares of the company’s stock valued at $3,621,000 after purchasing an additional 1,206 shares during the period.

iShares Mortgage Real Estate ETF Trading Down 1.0%

REM stock opened at $21.69 on Monday. The company’s fifty day moving average is $22.42 and its 200-day moving average is $21.65. The stock has a market cap of $559.60 million, a PE ratio of 14.69 and a beta of 1.33.

iShares Mortgage Real Estate ETF Company Profile

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.