iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 1-Year Low – Time to Sell?

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price reached a new 52-week low on Monday . The company traded as low as $65.09 and last traded at $65.18, with a volume of 67853 shares. The stock had previously closed at $64.99.

iShares Cohen & Steers REIT ETF Price Performance

The company has a 50 day moving average of $65.05 and a 200-day moving average of $59.91. The company has a market capitalization of $2.36 billion, a P/E ratio of 30.19 and a beta of 0.94.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Peddock Capital Advisors LLC lifted its stake in iShares Cohen & Steers REIT ETF by 1.0% in the 2nd quarter. Peddock Capital Advisors LLC now owns 20,029 shares of the company’s stock worth $1,147,000 after purchasing an additional 197 shares in the last quarter. Westside Investment Management Inc. lifted its position in iShares Cohen & Steers REIT ETF by 3.2% during the first quarter. Westside Investment Management Inc. now owns 7,479 shares of the company’s stock worth $432,000 after buying an additional 230 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in iShares Cohen & Steers REIT ETF by 4.9% during the third quarter. Sequoia Financial Advisors LLC now owns 5,532 shares of the company’s stock worth $365,000 after buying an additional 260 shares during the last quarter. Sonata Capital Group Inc. boosted its stake in iShares Cohen & Steers REIT ETF by 2.0% during the second quarter. Sonata Capital Group Inc. now owns 17,100 shares of the company’s stock worth $980,000 after buying an additional 339 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of iShares Cohen & Steers REIT ETF by 2.6% in the 1st quarter. J.W. Cole Advisors Inc. now owns 13,592 shares of the company’s stock worth $784,000 after acquiring an additional 347 shares during the last quarter.

iShares Cohen & Steers REIT ETF Company 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).