Royal Bank of Canada Acquires 39,317 Shares of iShares Select U.S. REIT ETF $ICF

Royal Bank of Canada grew its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 7.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 556,029 shares of the company’s stock after buying an additional 39,317 shares during the period. Royal Bank of Canada owned 1.76% of iShares Select U.S. REIT ETF worth $34,412,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ICF. Quantinno Capital Management LP acquired a new position in shares of iShares Select U.S. REIT ETF during the 1st quarter worth approximately $313,000. Wealthspire Retirement LLC boosted its position in iShares Select U.S. REIT ETF by 15.7% during the first quarter. Wealthspire Retirement LLC now owns 78,787 shares of the company’s stock worth $4,876,000 after purchasing an additional 10,668 shares during the period. Cornerstone Advisors Asset Management LLC boosted its position in iShares Select U.S. REIT ETF by 21.3% during the first quarter. Cornerstone Advisors Asset Management LLC now owns 63,720 shares of the company’s stock worth $3,944,000 after purchasing an additional 11,186 shares during the period. Dorsey Wright & Associates acquired a new position in shares of iShares Select U.S. REIT ETF in the first quarter valued at $646,000. Finally, Bartlett & CO. Wealth Management LLC increased its holdings in shares of iShares Select U.S. REIT ETF by 7.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 8,940 shares of the company’s stock valued at $602,000 after purchasing an additional 592 shares during the last quarter.

iShares Select U.S. REIT ETF Price Performance

Shares of ICF opened at $69.11 on Tuesday. The company’s 50-day moving average is $68.52 and its 200-day moving average is $65.89. The firm has a market capitalization of $2.18 billion, a PE ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a fifty-two week low of $58.91 and a fifty-two week high of $71.01.

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.