Cornerstone Advisors Asset Management LLC Acquires 11,186 Shares of iShares Select U.S. REIT ETF $ICF

Cornerstone Advisors Asset Management LLC raised its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 21.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 63,720 shares of the company’s stock after buying an additional 11,186 shares during the quarter. Cornerstone Advisors Asset Management LLC owned 0.20% of iShares Select U.S. REIT ETF worth $3,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ICF. Dorsey Wright & Associates bought a new stake in shares of iShares Select U.S. REIT ETF in the 1st quarter valued at $646,000. Bartlett & CO. Wealth Management LLC lifted its position in shares of iShares Select U.S. REIT ETF by 7.1% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 8,940 shares of the company’s stock valued at $602,000 after acquiring an additional 592 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Select U.S. REIT ETF by 27.2% during the first quarter. Bank of New York Mellon Corp now owns 366,811 shares of the company’s stock worth $22,702,000 after acquiring an additional 78,486 shares in the last quarter. Good Harbor Advisors Inc. bought a new position in iShares Select U.S. REIT ETF during the first quarter worth $205,000. Finally, AMG National Trust Bank grew its holdings in iShares Select U.S. REIT ETF by 1.4% in the first quarter. AMG National Trust Bank now owns 333,721 shares of the company’s stock worth $20,654,000 after purchasing an additional 4,597 shares during the period.

iShares Select U.S. REIT ETF Stock Performance

BATS:ICF opened at $69.67 on Monday. iShares Select U.S. REIT ETF has a 12 month low of $58.91 and a 12 month high of $70.46. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The firm has a fifty day simple moving average of $68.09 and a two-hundred day simple moving average of $65.14.

iShares Select U.S. REIT ETF Profile

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.