iShares Cohen & Steers REIT ETF (BATS:ICF) Hits New 52-Week Low at $53.92

iShares Cohen & Steers REIT ETF (BATS:ICF) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $53.92 and last traded at $54.20, with a volume of 98182 shares. The stock had previously closed at $53.58.

iShares Cohen & Steers REIT ETF Stock Performance

The business has a 50-day moving average of $56.14 and a 200-day moving average of $55.27. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 29.31 and a beta of 0.94.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Saxony Capital Management LLC purchased a new stake in iShares Cohen & Steers REIT ETF during the fourth quarter worth approximately $247,000. Droms Strauss Advisors Inc. MO ADV purchased a new stake in iShares Cohen & Steers REIT ETF during the fourth quarter worth approximately $218,000. Topel & Distasi Wealth Management LLC purchased a new stake in iShares Cohen & Steers REIT ETF during the fourth quarter worth approximately $209,000. Allworth Financial LP lifted its stake in iShares Cohen & Steers REIT ETF by 55.8% during the fourth quarter. Allworth Financial LP now owns 1,234 shares of the company’s stock worth $72,000 after purchasing an additional 442 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in iShares Cohen & Steers REIT ETF during the fourth quarter worth approximately $123,000.

iShares Cohen & Steers 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).