iShares Mortgage Real Estate ETF (BATS:REM) Shares Purchased by Barry Investment Advisors LLC

Barry Investment Advisors LLC raised its holdings in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,802 shares of the company’s stock after purchasing an additional 1,133 shares during the quarter. iShares Mortgage Real Estate ETF accounts for 1.1% of Barry Investment Advisors LLC’s portfolio, making the stock its 28th largest position. Barry Investment Advisors LLC’s holdings in iShares Mortgage Real Estate ETF were worth $3,272,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of REM. LPL Financial LLC lifted its holdings in iShares Mortgage Real Estate ETF by 4.0% during the 3rd quarter. LPL Financial LLC now owns 589,596 shares of the company’s stock worth $13,172,000 after buying an additional 22,569 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares Mortgage Real Estate ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 438,193 shares of the company’s stock worth $9,789,000 after buying an additional 22,621 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares Mortgage Real Estate ETF by 24.7% in the 4th quarter. Wells Fargo & Company MN now owns 354,205 shares of the company’s stock worth $8,356,000 after purchasing an additional 70,083 shares during the last quarter. Mid American Wealth Advisory Group Inc. lifted its holdings in shares of iShares Mortgage Real Estate ETF by 13.3% in the 1st quarter. Mid American Wealth Advisory Group Inc. now owns 198,373 shares of the company’s stock worth $4,610,000 after purchasing an additional 23,299 shares during the last quarter. Finally, Mount Lucas Management LP lifted its holdings in shares of iShares Mortgage Real Estate ETF by 2.5% in the 4th quarter. Mount Lucas Management LP now owns 110,089 shares of the company’s stock worth $2,597,000 after purchasing an additional 2,734 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Up 0.9 %

Shares of BATS REM traded up $0.20 during mid-day trading on Friday, hitting $22.16. The company had a trading volume of 267,100 shares. The firm has a market cap of $596.10 million, a PE ratio of 6.41 and a beta of 1.30. The firm’s 50 day simple moving average is $22.39 and its 200 day simple moving average is $22.64.

iShares Mortgage Real Estate ETF Profile

The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.