Cullen Frost Bankers Inc. Sells 11,821 Shares of iShares Select U.S. REIT ETF $ICF

Cullen Frost Bankers Inc. cut its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 9.0% in the 3rd quarter, Holdings Channel reports. The firm owned 119,346 shares of the company’s stock after selling 11,821 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares Select U.S. REIT ETF were worth $7,354,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Parkside Financial Bank & Trust lifted its holdings in iShares Select U.S. REIT ETF by 12.5% in the third quarter. Parkside Financial Bank & Trust now owns 25,874 shares of the company’s stock worth $1,594,000 after buying an additional 2,865 shares during the period. Chicago Partners Investment Group LLC raised its position in shares of iShares Select U.S. REIT ETF by 136.0% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 8,709 shares of the company’s stock worth $535,000 after acquiring an additional 5,019 shares in the last quarter. First National Corp MA ADV lifted its stake in shares of iShares Select U.S. REIT ETF by 10.7% in the 3rd quarter. First National Corp MA ADV now owns 38,374 shares of the company’s stock valued at $2,366,000 after purchasing an additional 3,699 shares during the period. GWN Securities Inc. lifted its stake in shares of iShares Select U.S. REIT ETF by 4.1% in the 3rd quarter. GWN Securities Inc. now owns 5,120 shares of the company’s stock valued at $316,000 after purchasing an additional 201 shares during the period. Finally, TD Private Client Wealth LLC boosted its position in shares of iShares Select U.S. REIT ETF by 3.0% during the third quarter. TD Private Client Wealth LLC now owns 5,557 shares of the company’s stock valued at $342,000 after purchasing an additional 164 shares in the last quarter.

iShares Select U.S. REIT ETF Stock Up 2.7%

Shares of ICF stock opened at $60.77 on Monday. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The business’s fifty day moving average is $60.35 and its 200 day moving average is $60.86. iShares Select U.S. REIT ETF has a twelve month low of $52.76 and a twelve month high of $67.57.

About iShares Select U.S. 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). The objective of the Index is to represent relatively large and liquid REITs that may benefit from consolidation and securitization of the United States real estate industry.