iShares Mortgage Real Estate ETF (BATS:REM) Stake Raised by MML Investors Services LLC

MML Investors Services LLC raised its holdings in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 11.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 88,097 shares of the company’s stock after purchasing an additional 8,782 shares during the period. MML Investors Services LLC’s holdings in iShares Mortgage Real Estate ETF were worth $2,091,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. AlphaCentric Advisors LLC boosted its holdings in shares of iShares Mortgage Real Estate ETF by 5.3% during the third quarter. AlphaCentric Advisors LLC now owns 14,926 shares of the company’s stock worth $354,000 after purchasing an additional 745 shares during the period. Seaview Investment Managers LLC boosted its stake in shares of iShares Mortgage Real Estate ETF by 9.4% during the 2nd quarter. Seaview Investment Managers LLC now owns 11,557 shares of the company’s stock valued at $256,000 after buying an additional 991 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Mortgage Real Estate ETF by 7.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,086 shares of the company’s stock valued at $356,000 after buying an additional 1,099 shares during the period. Barry Investment Advisors LLC grew its holdings in shares of iShares Mortgage Real Estate ETF by 0.8% during the 3rd quarter. Barry Investment Advisors LLC now owns 141,491 shares of the company’s stock valued at $3,358,000 after acquiring an additional 1,113 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in shares of iShares Mortgage Real Estate ETF in the third quarter worth $29,000.

iShares Mortgage Real Estate ETF Trading Up 0.2 %

Shares of BATS:REM opened at $23.14 on Tuesday. The stock’s 50-day moving average price is $22.92 and its two-hundred day moving average price is $23.08. The stock has a market capitalization of $622.47 million, a price-to-earnings ratio of 6.41 and a beta of 1.30.

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.