iShares Select U.S. REIT ETF $ICF Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC lessened its stake in iShares Select U.S. REIT ETF (BATS:ICF) by 20.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,807 shares of the company’s stock after selling 10,588 shares during the period. Cornerstone Wealth Group LLC owned 0.13% of iShares Select U.S. REIT ETF worth $2,716,000 at the end of the most recent quarter.

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

iShares Select U.S. REIT ETF Price Performance

Shares of BATS:ICF opened at $69.30 on Friday. The stock’s 50 day moving average price is $67.69 and its 200 day moving average price is $64.20. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 12 month low of $58.91 and a 12 month high of $69.78.

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.