Cornerstone Wealth Group LLC Sells 8,487 Shares of iShares Select U.S. REIT ETF $ICF

Cornerstone Wealth Group LLC reduced its holdings in shares of iShares Select U.S. REIT ETF (BATS:ICF) by 11.5% during the third quarter, Holdings Channel reports. The fund owned 65,201 shares of the company’s stock after selling 8,487 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Select U.S. REIT ETF were worth $4,018,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Select U.S. REIT ETF by 4.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,235,041 shares of the company’s stock worth $136,695,000 after acquiring an additional 87,884 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in iShares Select U.S. REIT ETF by 15.3% in the second quarter. Foundations Investment Advisors LLC now owns 538,030 shares of the company’s stock worth $32,906,000 after purchasing an additional 71,272 shares during the last quarter. Cetera Investment Advisers boosted its position in iShares Select U.S. REIT ETF by 6.4% during the second quarter. Cetera Investment Advisers now owns 506,504 shares of the company’s stock valued at $30,978,000 after buying an additional 30,624 shares during the period. Osaic Holdings Inc. grew its stake in shares of iShares Select U.S. REIT ETF by 26.2% during the second quarter. Osaic Holdings Inc. now owns 388,105 shares of the company’s stock valued at $23,761,000 after buying an additional 80,672 shares during the last quarter. Finally, IFG Advisors LLC grew its stake in shares of iShares Select U.S. REIT ETF by 0.6% during the second quarter. IFG Advisors LLC now owns 233,177 shares of the company’s stock valued at $14,261,000 after buying an additional 1,400 shares during the last quarter.

iShares Select U.S. REIT ETF Trading Up 3.3%

BATS ICF opened at $61.10 on Wednesday. The firm has a market cap of $1.93 billion, a PE ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 1-year low of $52.76 and a 1-year high of $67.57. The stock has a 50-day moving average of $60.35 and a 200-day moving average of $60.87.

About iShares Select U.S. 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). 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.