iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 12-Month Low at $59.32

iShares Cohen & Steers REIT ETF (BATS:ICF)’s stock price hit a new 52-week low on Monday . The stock traded as low as $59.32 and last traded at $60.47, with a volume of 63543 shares trading hands. The stock had previously closed at $60.03.

iShares Cohen & Steers REIT ETF Trading Up 0.7 %

The stock has a market capitalization of $2.19 billion, a PE ratio of 30.19 and a beta of 0.94. The stock’s fifty day simple moving average is $57.26 and its 200-day simple moving average is $56.52.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC grew its holdings in shares of iShares Cohen & Steers REIT ETF by 39.2% in the fourth quarter. Global Retirement Partners LLC now owns 1,140 shares of the company’s stock valued at $66,000 after acquiring an additional 321 shares in the last quarter. Silverlake Wealth Management LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the 4th quarter valued at $204,000. White Lighthouse Investment Management Inc. increased its position in shares of iShares Cohen & Steers REIT ETF by 0.9% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 20,840 shares of the company’s stock valued at $1,224,000 after purchasing an additional 177 shares during the last quarter. Ballentine Partners LLC raised its stake in shares of iShares Cohen & Steers REIT ETF by 1.5% during the 4th quarter. Ballentine Partners LLC now owns 134,599 shares of the company’s stock worth $7,905,000 after purchasing an additional 1,983 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of iShares Cohen & Steers REIT ETF by 55.8% in the 4th quarter. Allworth Financial LP now owns 1,234 shares of the company’s stock worth $72,000 after buying an additional 442 shares during the last quarter.

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).