Elevation Point Wealth Partners LLC Makes New Investment in iShares Select U.S. REIT ETF $ICF

Elevation Point Wealth Partners LLC bought a new position in shares of iShares Select U.S. REIT ETF (BATS:ICF) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,757 shares of the company’s stock, valued at approximately $1,037,000.

A number of other large investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares Select U.S. REIT ETF by 36.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,484,144 shares of the company’s stock valued at $88,559,000 after buying an additional 399,193 shares during the period. Keybank National Association OH grew its position in shares of iShares Select U.S. REIT ETF by 36.6% during the 4th quarter. Keybank National Association OH now owns 320,641 shares of the company’s stock valued at $19,133,000 after buying an additional 85,833 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in iShares Select U.S. REIT ETF during the second quarter worth about $4,301,000. Innova Wealth Partners raised its stake in iShares Select U.S. REIT ETF by 1,084.8% during the first quarter. Innova Wealth Partners now owns 73,824 shares of the company’s stock worth $4,569,000 after acquiring an additional 67,593 shares during the period. Finally, Beacon Pointe Advisors LLC raised its stake in iShares Select U.S. REIT ETF by 727.5% during the fourth quarter. Beacon Pointe Advisors LLC now owns 76,297 shares of the company’s stock worth $4,553,000 after acquiring an additional 67,077 shares during the period.

iShares Select U.S. REIT ETF Price Performance

Shares of BATS ICF opened at $67.99 on Tuesday. The firm’s 50-day moving average price is $67.86 and its two-hundred day moving average price is $64.57. iShares Select U.S. REIT ETF has a 52-week low of $58.91 and a 52-week high of $69.78. The stock has a market capitalization of $2.15 billion, a P/E 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.