Dorsey Wright & Associates Takes Position in iShares Select U.S. REIT ETF $ICF

Dorsey Wright & Associates bought a new stake in iShares Select U.S. REIT ETF (BATS:ICF) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 10,439 shares of the company’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Clayton Financial Group LLC raised its position in iShares Select U.S. REIT ETF by 411.5% in the 4th quarter. Clayton Financial Group LLC now owns 491 shares of the company’s stock valued at $29,000 after purchasing an additional 395 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of iShares Select U.S. REIT ETF during the fourth quarter worth about $37,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Select U.S. REIT ETF during the fourth quarter worth about $47,000. Harbour Investments Inc. grew its position in shares of iShares Select U.S. REIT ETF by 28.6% during the fourth quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock worth $55,000 after buying an additional 204 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares Select U.S. REIT ETF by 69.6% during the fourth quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock worth $71,000 after buying an additional 491 shares during the period.

iShares Select U.S. REIT ETF Stock Down 0.1%

Shares of BATS:ICF opened at $69.67 on Friday. The firm’s 50 day moving average price is $68.09 and its 200 day moving average price is $65.11. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a fifty-two week low of $58.91 and a fifty-two week high of $70.46.

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.