PNC Financial Services Group Inc. Trims Holdings in iShares Select U.S. REIT ETF $ICF

PNC Financial Services Group Inc. decreased its position in shares of iShares Select U.S. REIT ETF (BATS:ICF) by 6.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 106,043 shares of the company’s stock after selling 7,105 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Select U.S. REIT ETF were worth $6,563,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Clayton Financial Group LLC boosted its position in shares of iShares Select U.S. REIT ETF by 411.5% in the fourth quarter. Clayton Financial Group LLC now owns 491 shares of the company’s stock worth $29,000 after purchasing an additional 395 shares during the period. AlphaCore Capital LLC bought a new stake in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at $37,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at $47,000. Harbour Investments Inc. raised its position in shares of iShares Select U.S. REIT ETF by 28.6% during the 4th quarter. Harbour Investments Inc. now owns 918 shares of the company’s stock valued at $55,000 after purchasing an additional 204 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of iShares Select U.S. REIT ETF by 69.6% during the 4th quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock valued at $71,000 after buying an additional 491 shares in the last quarter.

iShares Select U.S. REIT ETF Stock Performance

Shares of iShares Select U.S. REIT ETF stock opened at $70.40 on Monday. The company has a market capitalization of $2.22 billion, a P/E ratio of 35.35 and a beta of 0.97. The company has a fifty day moving average of $68.30 and a 200 day moving average of $65.48. iShares Select U.S. REIT ETF has a fifty-two week low of $58.91 and a fifty-two week high of $70.70.

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.