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

Shares of iShares Cohen & Steers REIT ETF (BATS:ICF) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $59.13 and last traded at $59.75, with a volume of 228264 shares changing hands. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Stock Performance

The company has a market cap of $2.19 billion, a price-to-earnings ratio of 30.19 and a beta of 0.94. The business has a 50-day simple moving average of $61.63 and a 200-day simple moving average of $63.07.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

A number of hedge funds have recently bought and sold shares of ICF. Park Avenue Securities LLC acquired a new stake in iShares Cohen & Steers REIT ETF in the 3rd quarter valued at about $283,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares Cohen & Steers REIT ETF during the 3rd quarter worth about $108,000. IFG Advisors LLC raised its position in shares of iShares Cohen & Steers REIT ETF by 5.8% during the 3rd quarter. IFG Advisors LLC now owns 224,724 shares of the company’s stock worth $14,812,000 after acquiring an additional 12,385 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of iShares Cohen & Steers REIT ETF by 4.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 5,532 shares of the company’s stock worth $365,000 after acquiring an additional 260 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of iShares Cohen & Steers REIT ETF by 5.4% during the 3rd quarter. Private Advisor Group LLC now owns 78,573 shares of the company’s stock worth $5,179,000 after acquiring an additional 4,046 shares in the last quarter.

iShares Cohen & Steers REIT ETF Company Profile

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).