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

iShares Cohen & Steers REIT ETF (BATS:ICF) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $63.28 and last traded at $63.99, with a volume of 158266 shares traded. The stock had previously closed at $63.53.

iShares Cohen & Steers REIT ETF Stock Down 0.3 %

The business has a 50 day moving average price of $64.95 and a 200 day moving average price of $61.14. The stock has a market cap of $2.32 billion, a P/E ratio of 30.19 and a beta of 0.94.

Institutional Investors Weigh In On iShares Cohen & Steers REIT ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bristlecone Advisors LLC acquired a new stake in shares of iShares Cohen & Steers REIT ETF in the 3rd quarter worth $25,000. Ridgewood Investments LLC acquired a new stake in iShares Cohen & Steers REIT ETF during the 2nd quarter valued at approximately $33,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares Cohen & Steers REIT ETF by 841.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 941 shares of the company’s stock valued at $62,000 after acquiring an additional 841 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of iShares Cohen & Steers REIT ETF in the third quarter worth $108,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of iShares Cohen & Steers REIT ETF during the second quarter worth $202,000.

About iShares Cohen & Steers REIT ETF

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).