Cornerstone Wealth Group LLC Has $3.07 Million Holdings in iShares Select U.S. REIT ETF $ICF

Cornerstone Wealth Group LLC lessened its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 21.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,395 shares of the company’s stock after selling 13,806 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Select U.S. REIT ETF were worth $3,067,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ICF. Peapack Gladstone Financial Corp raised its holdings in shares of iShares Select U.S. REIT ETF by 50.3% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 24,733 shares of the company’s stock worth $1,512,000 after acquiring an additional 8,281 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Select U.S. REIT ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 101,871 shares of the company’s stock worth $6,231,000 after acquiring an additional 10,787 shares during the last quarter. IHT Wealth Management LLC raised its holdings in shares of iShares Select U.S. REIT ETF by 0.8% in the 2nd quarter. IHT Wealth Management LLC now owns 25,168 shares of the company’s stock worth $1,539,000 after acquiring an additional 205 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in shares of iShares Select U.S. REIT ETF in the 2nd quarter worth about $4,301,000. Finally, MML Investors Services LLC increased its stake in iShares Select U.S. REIT ETF by 40.6% in the 2nd quarter. MML Investors Services LLC now owns 32,334 shares of the company’s stock valued at $1,978,000 after buying an additional 9,340 shares during the last quarter.

iShares Select U.S. REIT ETF Stock Performance

BATS:ICF opened at $65.89 on Thursday. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 52 week low of $57.69 and a 52 week high of $66.49. The firm has a 50-day moving average price of $64.05 and a two-hundred day moving average price of $61.88.

iShares Select U.S. REIT ETF 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.