Arete Wealth Advisors LLC Acquires New Shares in iShares Mortgage Real Estate ETF (BATS:REM)

Arete Wealth Advisors LLC acquired a new stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,905 shares of the company’s stock, valued at approximately $629,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC boosted its position in iShares Mortgage Real Estate ETF by 5.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 8,665 shares of the company’s stock valued at $189,000 after purchasing an additional 485 shares during the period. Symphony Financial Ltd. Co. raised its stake in iShares Mortgage Real Estate ETF by 3.0% during the 1st quarter. Symphony Financial Ltd. Co. now owns 18,248 shares of the company’s stock valued at $568,000 after acquiring an additional 523 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in iShares Mortgage Real Estate ETF by 0.6% during the 1st quarter. Thrivent Financial for Lutherans now owns 99,410 shares of the company’s stock valued at $2,171,000 after acquiring an additional 601 shares in the last quarter. Advisor Group Holdings Inc. raised its stake in iShares Mortgage Real Estate ETF by 0.7% during the 4th quarter. Advisor Group Holdings Inc. now owns 105,397 shares of the company’s stock valued at $2,391,000 after acquiring an additional 689 shares in the last quarter. Finally, Mariner LLC raised its stake in iShares Mortgage Real Estate ETF by 3.4% during the 1st quarter. Mariner LLC now owns 30,919 shares of the company’s stock valued at $1,010,000 after acquiring an additional 1,016 shares in the last quarter.

iShares Mortgage Real Estate ETF Stock Up 0.4 %

Shares of iShares Mortgage Real Estate ETF stock opened at $24.46 on Friday. The firm’s fifty day simple moving average is $23.96 and its two-hundred day simple moving average is $22.65. The company has a market cap of $688.55 million, a P/E ratio of 6.78 and a beta of 1.50.

iShares Mortgage Real Estate ETF Company Profile

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.