iShares Select U.S. REIT ETF (BATS:ICF – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 125,710 shares, an increase of 362.5% from the September 15th total of 27,179 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 206,626 shares, the short-interest ratio is currently 0.6 days.
iShares Select U.S. REIT ETF Trading Up 0.9%
iShares Select U.S. REIT ETF stock opened at $64.63 on Tuesday. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The firm’s fifty day moving average price is $66.24 and its two-hundred day moving average price is $66.92. iShares Select U.S. REIT ETF has a 1-year low of $58.91 and a 1-year high of $71.01.
Hedge Funds Weigh In On iShares Select U.S. REIT ETF
Hedge funds have recently modified their holdings of the company. Continuum Advisory LLC purchased a new stake in iShares Select U.S. REIT ETF during the second quarter valued at about $160,000. Cahill Financial Advisors Inc. purchased a new position in shares of iShares Select U.S. REIT ETF in the second quarter worth about $206,000. Orin Green Financial LLC purchased a new position in shares of iShares Select U.S. REIT ETF in the first quarter worth about $203,000. Good Harbor Advisors Inc. purchased a new position in shares of iShares Select U.S. REIT ETF in the first quarter worth about $205,000. Finally, Castle Wealth Management LLC bought a new stake in shares of iShares Select U.S. REIT ETF in the first quarter valued at approximately $207,000.
iShares Select U.S. 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). 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.
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