iShares Mortgage Real Estate ETF (BATS:REM) Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC decreased its holdings in iShares Mortgage Real Estate ETF (BATS:REM – Get Rating) by 10.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,412 shares of the company’s stock after selling 504 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Mortgage Real Estate ETF were worth $100,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Cornerstone Wealth Group LLC purchased a new stake in shares of iShares Mortgage Real Estate ETF during the 4th quarter worth $11,176,000. BlackRock Inc. increased its stake in shares of iShares Mortgage Real Estate ETF by 1,211.4% during the first quarter. BlackRock Inc. now owns 313,810 shares of the company’s stock worth $10,252,000 after acquiring an additional 289,880 shares during the period. LPL Financial LLC increased its stake in shares of iShares Mortgage Real Estate ETF by 35.4% during the fourth quarter. LPL Financial LLC now owns 562,662 shares of the company’s stock worth $12,767,000 after acquiring an additional 147,136 shares during the period. Capital Advisors Inc. OK acquired a new position in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth about $2,313,000. Finally, Simplex Trading LLC acquired a new position in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth about $1,992,000.

iShares Mortgage Real Estate ETF Trading Down 0.7 %

Shares of iShares Mortgage Real Estate ETF stock opened at $21.40 on Friday. The business’s 50-day moving average price is $21.28 and its 200-day moving average price is $23.35. The firm has a market capitalization of $571.38 million, a price-to-earnings ratio of 6.78 and a beta of 1.50.

iShares Mortgage Real Estate ETF Company Profile

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The iShares Mortgage Real Estate Capped ETF (REM) is an exchange-traded fund that is based on the FTSE Nareit All Mortgage Capped index, a market-cap-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.