Barry Investment Advisors LLC Boosts Stock Position in iShares Mortgage Real Estate ETF (BATS:REM)

Barry Investment Advisors LLC grew its stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,732 shares of the company’s stock after buying an additional 1,241 shares during the period. Barry Investment Advisors LLC owned 0.53% of iShares Mortgage Real Estate ETF worth $3,047,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. AlphaCentric Advisors LLC lifted its holdings in iShares Mortgage Real Estate ETF by 5.3% in the 3rd quarter. AlphaCentric Advisors LLC now owns 14,926 shares of the company’s stock worth $354,000 after purchasing an additional 745 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Mortgage Real Estate ETF by 7.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,086 shares of the company’s stock worth $356,000 after purchasing an additional 1,099 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in iShares Mortgage Real Estate ETF in the 3rd quarter worth approximately $29,000. Harbour Investments Inc. lifted its holdings in iShares Mortgage Real Estate ETF by 3.0% in the 3rd quarter. Harbour Investments Inc. now owns 72,395 shares of the company’s stock worth $1,718,000 after purchasing an additional 2,136 shares in the last quarter. Finally, NBC Securities Inc. lifted its holdings in iShares Mortgage Real Estate ETF by 25.4% in the 3rd quarter. NBC Securities Inc. now owns 11,792 shares of the company’s stock worth $279,000 after purchasing an additional 2,385 shares in the last quarter.

iShares Mortgage Real Estate ETF Trading Down 0.5 %

BATS REM opened at $22.05 on Wednesday. The business has a 50 day simple moving average of $22.10 and a 200 day simple moving average of $22.90. The stock has a market cap of $593.15 million, a PE ratio of 6.41 and a beta of 1.30.

iShares Mortgage Real Estate ETF Profile

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.