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

Shares of iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $59.13 and last traded at $60.12, with a volume of 228264 shares changing hands. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Trading Up 2.3 %

The company has a 50 day simple moving average of $62.41 and a 200 day simple moving average of $62.82. The stock has a market capitalization of $2.19 billion, a PE ratio of 30.19 and a beta of 0.94.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Several hedge funds have recently modified their holdings of ICF. National Bank of Canada FI acquired a new position in iShares Cohen & Steers REIT ETF in the 3rd quarter valued at $13,278,000. School Employees Retirement Board of Ohio acquired a new position in shares of iShares Cohen & Steers REIT ETF during the third quarter worth about $6,966,000. Pinnacle Family Advisors LLC purchased a new position in iShares Cohen & Steers REIT ETF during the third quarter worth about $2,985,000. Innova Wealth Partners purchased a new position in iShares Cohen & Steers REIT ETF during the fourth quarter worth about $2,728,000. Finally, HighTower Advisors LLC lifted its position in iShares Cohen & Steers REIT ETF by 30.9% in the third quarter. HighTower Advisors LLC now owns 184,043 shares of the company’s stock valued at $12,136,000 after purchasing an additional 43,435 shares during the period.

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).