Mosley Wealth Management Invests $1.81 Million in iShares Select U.S. REIT ETF $ICF

Mosley Wealth Management purchased a new position in iShares Select U.S. REIT ETF (BATS:ICF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 29,872 shares of the company’s stock, valued at approximately $1,814,000. iShares Select U.S. REIT ETF accounts for approximately 0.8% of Mosley Wealth Management’s investment portfolio, making the stock its 27th largest position. Mosley Wealth Management owned 0.09% of iShares Select U.S. REIT ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of iShares Select U.S. REIT ETF by 36.8% in the 4th quarter. JPMorgan Chase & Co. now owns 1,484,144 shares of the company’s stock worth $88,559,000 after purchasing an additional 399,193 shares during the period. Raymond James Financial Inc. lifted its position in shares of iShares Select U.S. REIT ETF by 4.8% in the 3rd quarter. Raymond James Financial Inc. now owns 654,640 shares of the company’s stock worth $40,339,000 after purchasing an additional 30,172 shares during the period. Foundations Investment Advisors LLC lifted its position in shares of iShares Select U.S. REIT ETF by 10.4% in the 4th quarter. Foundations Investment Advisors LLC now owns 626,383 shares of the company’s stock worth $37,376,000 after purchasing an additional 59,134 shares during the period. M&T Bank Corp lifted its position in shares of iShares Select U.S. REIT ETF by 4.7% in the 3rd quarter. M&T Bank Corp now owns 488,428 shares of the company’s stock worth $30,097,000 after purchasing an additional 21,808 shares during the period. Finally, LPL Financial LLC lifted its position in shares of iShares Select U.S. REIT ETF by 1.0% in the 4th quarter. LPL Financial LLC now owns 444,569 shares of the company’s stock worth $26,527,000 after purchasing an additional 4,375 shares during the period.

iShares Select U.S. REIT ETF Stock Performance

Shares of BATS ICF opened at $68.91 on Friday. The company has a market capitalization of $2.17 billion, a P/E ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 52-week low of $58.91 and a 52-week high of $69.34. The company’s 50 day moving average price is $66.84 and its 200-day moving average price is $63.66.

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.