iShares Cohen & Steers REIT ETF (BATS:ICF) Share Price Cross Below Fifty Day Moving Average – What’s Next?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $63.38 and traded as low as $59.64. iShares Cohen & Steers REIT ETF shares last traded at $60.26, with a volume of 207,150 shares traded.

iShares Cohen & Steers REIT ETF Price Performance

The stock’s 50 day moving average is $63.28 and its two-hundred day moving average is $62.62. The stock has a market capitalization of $2.16 billion, a PE ratio of 30.19 and a beta of 0.94.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Several large investors have recently bought and sold shares of ICF. Park Avenue Securities LLC acquired a new stake in iShares Cohen & Steers REIT ETF during the third quarter worth approximately $283,000. IFG Advisors LLC grew its position in shares of iShares Cohen & Steers REIT ETF by 5.8% in the 3rd quarter. IFG Advisors LLC now owns 224,724 shares of the company’s stock valued at $14,812,000 after buying an additional 12,385 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in iShares Cohen & Steers REIT ETF during the 3rd quarter worth $108,000. Bank of Stockton lifted its position in iShares Cohen & Steers REIT ETF by 1.4% in the third quarter. Bank of Stockton now owns 37,572 shares of the company’s stock valued at $2,476,000 after acquiring an additional 530 shares during the last quarter. Finally, Elios Financial Group Inc. acquired a new position in iShares Cohen & Steers REIT ETF in the third quarter valued at $2,222,000.

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).