Connecticut Wealth Management LLC Cuts Stake in iShares Cohen & Steers REIT ETF (BATS:ICF)

Connecticut Wealth Management LLC cut its stake in iShares Cohen & Steers REIT ETF (BATS:ICF) by 6.8% during the 4th quarter, HoldingsChannel reports. The firm owned 342,932 shares of the company’s stock after selling 25,172 shares during the quarter. iShares Cohen & Steers REIT ETF accounts for about 1.2% of Connecticut Wealth Management LLC’s portfolio, making the stock its 19th largest position. Connecticut Wealth Management LLC’s holdings in iShares Cohen & Steers REIT ETF were worth $20,140,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ICF. TIAA Trust National Association acquired a new stake in shares of iShares Cohen & Steers REIT ETF during the third quarter valued at about $10,015,000. Sharkey Howes & Javer acquired a new position in iShares Cohen & Steers REIT ETF in the third quarter worth about $406,000. IFG Advisors LLC grew its stake in iShares Cohen & Steers REIT ETF by 4.9% in the third quarter. IFG Advisors LLC now owns 186,794 shares of the company’s stock worth $9,370,000 after purchasing an additional 8,764 shares in the last quarter. M&T Bank Corp grew its stake in iShares Cohen & Steers REIT ETF by 0.5% in the third quarter. M&T Bank Corp now owns 565,830 shares of the company’s stock worth $28,388,000 after purchasing an additional 2,851 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. grew its stake in iShares Cohen & Steers REIT ETF by 14.6% in the third quarter. Sterling Investment Advisors Ltd. now owns 4,325 shares of the company’s stock worth $217,000 after purchasing an additional 550 shares in the last quarter.

iShares Cohen & Steers REIT ETF Price Performance

BATS:ICF traded up $0.37 during mid-day trading on Friday, reaching $54.47. The stock had a trading volume of 202,945 shares. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 29.31 and a beta of 0.94. iShares Cohen & Steers REIT ETF has a 1-year low of $88.40 and a 1-year high of $104.37. The stock’s 50 day simple moving average is $55.87 and its two-hundred day simple moving average is $55.32.

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).