Innova Wealth Partners increased its stake in iShares Select U.S. REIT ETF (BATS:ICF – Free Report) by 1,084.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,824 shares of the company’s stock after purchasing an additional 67,593 shares during the quarter. iShares Select U.S. REIT ETF comprises about 2.2% of Innova Wealth Partners’ portfolio, making the stock its 10th biggest holding. Innova Wealth Partners owned 0.23% of iShares Select U.S. REIT ETF worth $4,569,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC boosted its holdings in shares of iShares Select U.S. REIT ETF by 2.6% in the first quarter. Harbor Investment Advisory LLC now owns 38,751 shares of the company’s stock worth $2,398,000 after buying an additional 982 shares during the period. Ifrah Financial Services Inc. increased its holdings in shares of iShares Select U.S. REIT ETF by 0.3% during the 1st quarter. Ifrah Financial Services Inc. now owns 89,767 shares of the company’s stock valued at $5,556,000 after acquiring an additional 230 shares during the last quarter. Hsbc Holdings PLC acquired a new position in iShares Select U.S. REIT ETF during the fourth quarter valued at approximately $492,000. Rockefeller Capital Management L.P. raised its holdings in iShares Select U.S. REIT ETF by 149.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 22,409 shares of the company’s stock worth $1,337,000 after acquiring an additional 13,421 shares during the period. Finally, World Investment Advisors bought a new position in shares of iShares Select U.S. REIT ETF in the fourth quarter worth about $260,000.
iShares Select U.S. REIT ETF Trading Up 0.3%
ICF opened at $67.80 on Thursday. The business has a 50 day moving average of $67.74 and a 200-day moving average of $64.39. iShares Select U.S. REIT ETF has a 1-year low of $58.91 and a 1-year high of $69.78. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97.
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.
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