Cwm LLC lessened its position in shares of iShares Mortgage Real Estate ETF (BATS:REM – Free Report) by 27.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,644 shares of the company’s stock after selling 1,017 shares during the quarter. Cwm LLC’s holdings in iShares Mortgage Real Estate ETF were worth $63,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the company. Seaview Investment Managers LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 9.4% during the second quarter. Seaview Investment Managers LLC now owns 11,557 shares of the company’s stock valued at $256,000 after acquiring an additional 991 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Mortgage Real Estate ETF by 7.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,086 shares of the company’s stock valued at $356,000 after acquiring an additional 1,099 shares during the period. Park Avenue Securities LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 4.5% during the second quarter. Park Avenue Securities LLC now owns 27,167 shares of the company’s stock valued at $602,000 after acquiring an additional 1,163 shares during the period. Harbour Investments Inc. lifted its stake in shares of iShares Mortgage Real Estate ETF by 1.8% during the second quarter. Harbour Investments Inc. now owns 70,259 shares of the company’s stock valued at $1,557,000 after acquiring an additional 1,264 shares during the period. Finally, Mather Group LLC. bought a new stake in iShares Mortgage Real Estate ETF in the second quarter valued at about $39,000.
iShares Mortgage Real Estate ETF Stock Down 1.0 %
BATS REM opened at $22.76 on Monday. The firm has a 50 day moving average of $23.54 and a 200-day moving average of $22.94. The company has a market capitalization of $612.24 million, a P/E ratio of 6.41 and a beta of 1.30.
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.
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