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

iShares Cohen & Steers REIT ETF (BATS:ICF) shares hit a new 52-week low on Monday . The company traded as low as $65.39 and last traded at $64.64, with a volume of 89675 shares. The stock had previously closed at $65.96.

iShares Cohen & Steers REIT ETF Stock Up 1.2 %

The stock’s fifty day simple moving average is $64.85 and its two-hundred day simple moving average is $59.72. The firm has a market cap of $2.38 billion, a PE ratio of 30.19 and a beta of 0.94.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Large investors have recently modified their holdings of the stock. AWM Capital LLC raised its stake in shares of iShares Cohen & Steers REIT ETF by 19.9% in the first quarter. AWM Capital LLC now owns 170,797 shares of the company’s stock worth $9,855,000 after purchasing an additional 28,353 shares during the last quarter. Westside Investment Management Inc. lifted its stake in iShares Cohen & Steers REIT ETF by 3.2% during the 1st quarter. Westside Investment Management Inc. now owns 7,479 shares of the company’s stock valued at $432,000 after acquiring an additional 230 shares during the period. ZRC Wealth Management LLC bought a new position in iShares Cohen & Steers REIT ETF during the 1st quarter valued at about $30,000. J.W. Cole Advisors Inc. boosted its holdings in shares of iShares Cohen & Steers REIT ETF by 2.6% during the 1st quarter. J.W. Cole Advisors Inc. now owns 13,592 shares of the company’s stock valued at $784,000 after acquiring an additional 347 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of iShares Cohen & Steers REIT ETF by 519.9% in the first quarter. Private Advisor Group LLC now owns 73,707 shares of the company’s stock worth $4,253,000 after acquiring an additional 61,817 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).