iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 52-Week Low – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $59.13 and last traded at $61.52, with a volume of 228264 shares traded. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Trading Up 2.8 %

The business has a 50-day moving average of $62.09 and a 200 day moving average of $62.95. The firm has a market capitalization of $2.20 billion, a PE ratio of 30.19 and a beta of 0.94.

Institutional Trading of iShares Cohen & Steers REIT ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Bristlecone Advisors LLC purchased a new position in iShares Cohen & Steers REIT ETF during the third quarter worth about $25,000. Farther Finance Advisors LLC boosted its stake in shares of iShares Cohen & Steers REIT ETF by 841.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 941 shares of the company’s stock worth $62,000 after buying an additional 841 shares during the last quarter. ORG Wealth Partners LLC bought a new position in shares of iShares Cohen & Steers REIT ETF in the third quarter valued at approximately $108,000. Klingman & Associates LLC bought a new position in shares of iShares Cohen & Steers REIT ETF in the third quarter valued at approximately $206,000. Finally, Cahill Financial Advisors Inc. purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the third quarter valued at approximately $207,000.

About iShares Cohen & Steers 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).