iShares Select U.S. REIT ETF (BATS:ICF) Short Interest Update

iShares Select U.S. REIT ETF (BATS:ICF) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 167,841 shares, a drop of 46.8% from the May 31st total of 315,371 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 150,898 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On iShares Select U.S. REIT ETF

Hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its position in iShares Select U.S. REIT ETF by 1,685.6% in the fourth quarter. Farther Finance Advisors LLC now owns 15,017 shares of the company’s stock worth $896,000 after acquiring an additional 14,176 shares in the last quarter. Apollon Wealth Management LLC bought a new position in iShares Select U.S. REIT ETF during the fourth quarter valued at approximately $609,000. Cresset Asset Management LLC grew its position in iShares Select U.S. REIT ETF by 9.4% during the third quarter. Cresset Asset Management LLC now owns 101,254 shares of the company’s stock valued at $6,239,000 after acquiring an additional 8,680 shares during the last quarter. M&T Bank Corp raised its stake in shares of iShares Select U.S. REIT ETF by 4.7% during the third quarter. M&T Bank Corp now owns 488,428 shares of the company’s stock worth $30,097,000 after acquiring an additional 21,808 shares in the last quarter. Finally, Greenspring Advisors LLC purchased a new position in shares of iShares Select U.S. REIT ETF during the fourth quarter worth approximately $949,000.

iShares Select U.S. REIT ETF Trading Down 0.5%

Shares of BATS ICF opened at $68.96 on Tuesday. iShares Select U.S. REIT ETF has a 12 month low of $58.91 and a 12 month high of $69.78. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The business has a 50-day moving average of $67.74 and a 200-day moving average of $64.29.

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.