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

iShares Cohen & Steers REIT ETF (BATS:ICF) shares hit a new 52-week low during trading on Monday . The company traded as low as $65.43 and last traded at $65.72, with a volume of 152282 shares. The stock had previously closed at $64.92.

iShares Cohen & Steers REIT ETF Price Performance

The firm has a fifty day moving average of $64.78 and a 200 day moving average of $61.49. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 30.19 and a beta of 0.94.

Institutional Trading of iShares Cohen & Steers REIT ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Bristlecone Advisors LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the 3rd quarter worth about $25,000. Ridgewood Investments LLC acquired a new position in iShares Cohen & Steers REIT ETF in the 2nd quarter worth about $33,000. Farther Finance Advisors LLC grew its holdings in iShares Cohen & Steers REIT ETF by 841.0% in the third quarter. Farther Finance Advisors LLC now owns 941 shares of the company’s stock valued at $62,000 after purchasing an additional 841 shares during the period. ORG Wealth Partners LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF in the third quarter valued at approximately $108,000. Finally, Klingman & Associates LLC purchased a new stake in shares of iShares Cohen & Steers REIT ETF in the third quarter valued at approximately $206,000.

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).