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

iShares Cohen & Steers REIT ETF (BATS:ICF) reached a new 52-week low on Monday . The company traded as low as $63.51 and last traded at $64.54, with a volume of 35882 shares changing hands. The stock had previously closed at $64.07.

iShares Cohen & Steers REIT ETF Stock Performance

The company has a market cap of $2.39 billion, a P/E ratio of 30.19 and a beta of 0.94. The business has a 50 day moving average price of $64.47 and a two-hundred day moving average price of $59.39.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Large investors have recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the third quarter worth about $108,000. Park Avenue Securities LLC bought a new stake in shares of iShares Cohen & Steers REIT ETF in the 3rd quarter worth approximately $283,000. Citizens Financial Group Inc. RI purchased a new position in shares of iShares Cohen & Steers REIT ETF during the second quarter valued at approximately $204,000. Koss Olinger Consulting LLC purchased a new position in shares of iShares Cohen & Steers REIT ETF during the second quarter valued at approximately $13,481,000. Finally, Belpointe Asset Management LLC raised its holdings in shares of iShares Cohen & Steers REIT ETF by 1.8% during the second quarter. Belpointe Asset Management LLC now owns 53,059 shares of the company’s stock valued at $3,040,000 after acquiring an additional 963 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).