Kestra Private Wealth Services LLC Acquires Shares of 9,104 iShares Mortgage Real Estate ETF (BATS:REM)

Kestra Private Wealth Services LLC bought a new position in shares of iShares Mortgage Real Estate ETF (BATS:REM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,104 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new position in iShares Mortgage Real Estate ETF during the 3rd quarter worth about $1,993,000. Raymond James & Associates lifted its position in shares of iShares Mortgage Real Estate ETF by 24.6% during the fourth quarter. Raymond James & Associates now owns 12,116 shares of the company’s stock worth $286,000 after purchasing an additional 2,392 shares in the last quarter. Invst LLC grew its stake in shares of iShares Mortgage Real Estate ETF by 115.8% during the third quarter. Invst LLC now owns 61,869 shares of the company’s stock valued at $1,382,000 after purchasing an additional 33,205 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of iShares Mortgage Real Estate ETF by 33.2% in the third quarter. Wealthfront Advisers LLC now owns 14,501 shares of the company’s stock valued at $324,000 after purchasing an additional 3,611 shares in the last quarter. Finally, Mariner LLC boosted its position in iShares Mortgage Real Estate ETF by 22.2% in the 3rd quarter. Mariner LLC now owns 38,685 shares of the company’s stock valued at $864,000 after buying an additional 7,022 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Up 0.8 %

REM stock opened at $22.75 on Friday. The company has a market capitalization of $611.98 million, a P/E ratio of 6.41 and a beta of 1.30. The business’s fifty day moving average price is $22.40 and its two-hundred day moving average price is $22.47.

About iShares Mortgage Real Estate ETF

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.