PNC Financial Services Group Inc. Decreases Stake in iShares Select U.S. REIT ETF $ICF

PNC Financial Services Group Inc. lowered its stake in shares of iShares Select U.S. REIT ETF (BATS:ICF) by 6.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 106,043 shares of the company’s stock after selling 7,105 shares during the period. PNC Financial Services Group Inc. owned approximately 0.34% of iShares Select U.S. REIT ETF worth $6,563,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Clayton Financial Group LLC boosted its position in 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 last quarter. AlphaCore Capital LLC bought a new stake in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at about $37,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Select U.S. REIT ETF during the 4th quarter valued at about $47,000. Harbour Investments Inc. increased 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 last quarter. Finally, Assetmark Inc. lifted its stake in shares of iShares Select U.S. REIT ETF by 69.6% in the 4th quarter. Assetmark Inc. now owns 1,196 shares of the company’s stock worth $71,000 after purchasing an additional 491 shares during the period.

iShares Select U.S. REIT ETF Stock Performance

ICF opened at $70.40 on Monday. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97. The company’s 50 day moving average is $68.30 and its 200 day moving average is $65.48. iShares Select U.S. REIT ETF has a 12-month low of $58.91 and a 12-month 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.