iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 12-Month Low – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low on Monday . The company traded as low as $62.84 and last traded at $62.84, with a volume of 86755 shares. The stock had previously closed at $63.08.

iShares Cohen & Steers REIT ETF Stock Performance

The company has a market capitalization of $2.28 billion, a P/E ratio of 30.19 and a beta of 0.94. The stock has a 50 day moving average price of $64.49 and a 200 day moving average price of $62.29.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Institutional investors have recently bought and sold shares of the stock. Foundations Investment Advisors LLC lifted its stake in iShares Cohen & Steers REIT ETF by 12.5% during the 2nd quarter. Foundations Investment Advisors LLC now owns 392,177 shares of the company’s stock valued at $22,468,000 after acquiring an additional 43,586 shares during the period. AMG National Trust Bank boosted its stake in iShares Cohen & Steers REIT ETF by 0.8% during the third quarter. AMG National Trust Bank now owns 318,719 shares of the company’s stock valued at $21,007,000 after buying an additional 2,594 shares during the last quarter. Koss Olinger Consulting LLC bought a new stake in iShares Cohen & Steers REIT ETF in the second quarter worth $13,481,000. IFG Advisors LLC raised its position in iShares Cohen & Steers REIT ETF by 5.8% during the third quarter. IFG Advisors LLC now owns 224,724 shares of the company’s stock valued at $14,812,000 after purchasing an additional 12,385 shares during the period. Finally, National Bank of Canada FI purchased a new position in iShares Cohen & Steers REIT ETF during the third quarter worth $13,278,000.

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).