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) reached a new 52-week low on Monday . The stock traded as low as $59.13 and last traded at $61.43, with a volume of 228264 shares. The stock had previously closed at $59.17.

iShares Cohen & Steers REIT ETF Price Performance

The stock has a market cap of $2.23 billion, a P/E ratio of 30.19 and a beta of 0.94. The stock’s 50 day simple moving average is $61.13 and its two-hundred day simple moving average is $63.11.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

Hedge funds have recently bought and sold shares of the company. Park Avenue Securities LLC bought a new stake in shares of iShares Cohen & Steers REIT ETF in the third quarter valued at about $283,000. ORG Wealth Partners LLC bought a new stake in iShares Cohen & Steers REIT ETF during the third quarter worth $108,000. IFG Advisors LLC grew its stake in 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 purchasing an additional 12,385 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of iShares Cohen & Steers REIT ETF by 4.9% in the third quarter. Sequoia Financial Advisors LLC now owns 5,532 shares of the company’s stock valued at $365,000 after buying an additional 260 shares during the period. Finally, Private Advisor Group LLC lifted its stake in shares of iShares Cohen & Steers REIT ETF by 5.4% during the 3rd quarter. Private Advisor Group LLC now owns 78,573 shares of the company’s stock valued at $5,179,000 after buying an additional 4,046 shares in the last quarter.

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).