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

Shares of iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low on Thursday . The company traded as low as $59.13 and last traded at $60.12, with a volume of 228264 shares. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Price Performance

The company has a 50-day simple moving average of $62.41 and a 200-day simple moving average of $62.82. The stock has a market cap of $2.19 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 made changes to their positions in the stock. Axxcess Wealth Management LLC grew its position in iShares Cohen & Steers REIT ETF by 3.2% during the third quarter. Axxcess Wealth Management LLC now owns 6,283 shares of the company’s stock worth $414,000 after buying an additional 193 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of iShares Cohen & Steers REIT ETF by 4.9% in 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 during the period. Park Avenue Securities LLC grew its holdings in shares of iShares Cohen & Steers REIT ETF by 7.8% in the 4th quarter. Park Avenue Securities LLC now owns 4,622 shares of the company’s stock worth $279,000 after acquiring an additional 333 shares during the period. Bristlecone Advisors LLC purchased a new position in iShares Cohen & Steers REIT ETF in the 3rd quarter valued at approximately $25,000. Finally, Sanctuary Advisors LLC raised its holdings in iShares Cohen & Steers REIT ETF by 4.2% during the third quarter. Sanctuary Advisors LLC now owns 9,785 shares of the company’s stock worth $635,000 after purchasing an additional 395 shares during 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).