Royal Bank of Canada Purchases 39,317 Shares of iShares Select U.S. REIT ETF $ICF

Royal Bank of Canada grew its position in shares of iShares Select U.S. REIT ETF (BATS:ICF) by 7.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 556,029 shares of the company’s stock after buying an additional 39,317 shares during the quarter. Royal Bank of Canada’s holdings in iShares Select U.S. REIT ETF were worth $34,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Select U.S. REIT ETF by 36.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,484,144 shares of the company’s stock valued at $88,559,000 after acquiring an additional 399,193 shares in the last quarter. Keybank National Association OH grew its position in shares of iShares Select U.S. REIT ETF by 36.6% during the 4th quarter. Keybank National Association OH now owns 320,641 shares of the company’s stock worth $19,133,000 after purchasing an additional 85,833 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Select U.S. REIT ETF by 27.2% during the 1st quarter. Bank of New York Mellon Corp now owns 366,811 shares of the company’s stock worth $22,702,000 after purchasing an additional 78,486 shares in the last quarter. Modern Wealth Management LLC bought a new position in shares of iShares Select U.S. REIT ETF during the second quarter worth approximately $4,301,000. Finally, Innova Wealth Partners increased its holdings in shares of iShares Select U.S. REIT ETF by 1,084.8% during the first quarter. Innova Wealth Partners now owns 73,824 shares of the company’s stock worth $4,569,000 after purchasing an additional 67,593 shares during the period.

iShares Select U.S. REIT ETF Trading Up 0.2%

Shares of ICF stock opened at $69.11 on Tuesday. The stock has a market cap of $2.18 billion, a P/E ratio of 35.35 and a beta of 0.97. iShares Select U.S. REIT ETF has a 1 year low of $58.91 and a 1 year high of $71.01. The stock has a 50 day simple moving average of $68.52 and a 200 day simple moving average of $65.89.

iShares Select U.S. REIT ETF 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.