Merit Financial Group LLC Has $251,000 Holdings in iShares Cohen & Steers REIT ETF (BATS:ICF)

Merit Financial Group LLC decreased its holdings in shares of iShares Cohen & Steers REIT ETF (BATS:ICF) by 14.0% in the 4th quarter, Holdings Channel reports. The fund owned 4,278 shares of the company’s stock after selling 696 shares during the period. Merit Financial Group LLC’s holdings in iShares Cohen & Steers REIT ETF were worth $251,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wagner Wealth Management LLC acquired a new position in iShares Cohen & Steers REIT ETF during the 4th quarter worth approximately $36,000. Bourgeon Capital Management LLC grew its stake in shares of iShares Cohen & Steers REIT ETF by 43.7% during the fourth quarter. Bourgeon Capital Management LLC now owns 658 shares of the company’s stock worth $39,000 after buying an additional 200 shares during the last quarter. Wetzel Investment Advisors Inc. acquired a new position in shares of iShares Cohen & Steers REIT ETF during the fourth quarter worth $42,000. Manchester Capital Management LLC bought a new position in shares of iShares Cohen & Steers REIT ETF in the 3rd quarter valued at $50,000. Finally, McClarren Financial Advisors Inc. boosted its holdings in shares of iShares Cohen & Steers REIT ETF by 103.8% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,121 shares of the company’s stock valued at $66,000 after acquiring an additional 571 shares in the last quarter.

iShares Cohen & Steers REIT ETF Stock Up 2.3 %

Shares of ICF stock opened at $55.80 on Friday. iShares Cohen & Steers REIT ETF has a twelve month low of $88.40 and a twelve month high of $104.37. The stock’s fifty day simple moving average is $55.74 and its 200 day simple moving average is $55.48. The firm has a market capitalization of $2.02 billion, a P/E ratio of 30.19 and a beta of 0.94.

About iShares Cohen & Steers REIT ETF

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).