iShares Cohen & Steers REIT ETF (BATS:ICF) Reaches New 52-Week Low at $55.28

iShares Cohen & Steers REIT ETF (BATS:ICF)’s share price reached a new 52-week low on Monday . The stock traded as low as $55.28 and last traded at $55.96, with a volume of 97045 shares changing hands. The stock had previously closed at $56.14.

iShares Cohen & Steers REIT ETF Stock Performance

The stock has a market cap of $2.05 billion, a P/E ratio of 30.19 and a beta of 0.94. The firm has a 50-day moving average price of $55.19 and a 200-day moving average price of $56.27.

Hedge Funds Weigh In On iShares Cohen & Steers REIT ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ICF. Cullen Frost Bankers Inc. increased its stake in shares of iShares Cohen & Steers REIT ETF by 3.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 598,528 shares of the company’s stock worth $35,152,000 after acquiring an additional 20,642 shares in the last quarter. M&T Bank Corp increased its stake in shares of iShares Cohen & Steers REIT ETF by 5.6% during the fourth quarter. M&T Bank Corp now owns 597,477 shares of the company’s stock valued at $35,093,000 after purchasing an additional 31,647 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of iShares Cohen & Steers REIT ETF by 5.4% during the first quarter. Kestra Advisory Services LLC now owns 541,388 shares of the company’s stock valued at $31,238,000 after purchasing an additional 27,524 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares Cohen & Steers REIT ETF by 5.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 444,049 shares of the company’s stock worth $25,622,000 after purchasing an additional 23,420 shares in the last quarter. Finally, Connecticut Wealth Management LLC grew its stake in shares of iShares Cohen & Steers REIT ETF by 12.5% in the 1st quarter. Connecticut Wealth Management LLC now owns 385,706 shares of the company’s stock worth $22,255,000 after buying an additional 42,774 shares during the last quarter.

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).