UBS Group AG boosted its stake in shares of iShares Mortgage Real Estate ETF (BATS:REM – Free Report) by 19.0% during the 4th quarter, HoldingsChannel reports. The fund owned 164,391 shares of the company’s stock after purchasing an additional 26,257 shares during the period. UBS Group AG’s holdings in iShares Mortgage Real Estate ETF were worth $3,646,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Evergreen Capital Management LLC increased its stake in iShares Mortgage Real Estate ETF by 2.7% during the fourth quarter. Evergreen Capital Management LLC now owns 344,660 shares of the company’s stock worth $7,645,000 after acquiring an additional 8,965 shares during the last quarter. Sound Income Strategies LLC bought a new stake in iShares Mortgage Real Estate ETF during the fourth quarter worth approximately $38,000. Ethos Financial Group LLC bought a new stake in iShares Mortgage Real Estate ETF during the fourth quarter worth approximately $250,000. AdvisorNet Financial Inc bought a new stake in iShares Mortgage Real Estate ETF during the fourth quarter worth approximately $6,252,000. Finally, Miller Global Investments LLC bought a new stake in iShares Mortgage Real Estate ETF during the fourth quarter worth approximately $26,000.
iShares Mortgage Real Estate ETF Price Performance
Shares of BATS:REM opened at $21.72 on Friday. iShares Mortgage Real Estate ETF has a 1 year low of $20.41 and a 1 year high of $24.05. The business has a 50 day simple moving average of $22.01 and a two-hundred day simple moving average of $22.40. The firm has a market capitalization of $560.38 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.
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Want to see what other hedge funds are holding REM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Mortgage Real Estate ETF (BATS:REM – Free Report).
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