JPMorgan Chase & Co. Raises Stock Holdings in iShares Mortgage Real Estate ETF (BATS:REM)

JPMorgan Chase & Co. raised its stake in shares of iShares Mortgage Real Estate ETF (BATS:REMFree Report) by 14.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 31,311 shares of the company’s stock after acquiring an additional 4,060 shares during the period. JPMorgan Chase & Co. owned approximately 0.12% of iShares Mortgage Real Estate ETF worth $743,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in iShares Mortgage Real Estate ETF during the third quarter valued at $29,000. Rockefeller Capital Management L.P. purchased a new stake in shares of iShares Mortgage Real Estate ETF during the 3rd quarter valued at about $273,000. NBC Securities Inc. increased its position in shares of iShares Mortgage Real Estate ETF by 25.4% during the 3rd quarter. NBC Securities Inc. now owns 11,792 shares of the company’s stock valued at $279,000 after purchasing an additional 2,385 shares during the last quarter. AlphaCentric Advisors LLC lifted its stake in shares of iShares Mortgage Real Estate ETF by 5.3% in the 3rd quarter. AlphaCentric Advisors LLC now owns 14,926 shares of the company’s stock worth $354,000 after purchasing an additional 745 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Mortgage Real Estate ETF by 7.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,086 shares of the company’s stock worth $356,000 after buying an additional 1,099 shares during the last quarter.

iShares Mortgage Real Estate ETF Price Performance

Shares of BATS REM opened at $21.82 on Monday. The company has a market capitalization of $586.96 million, a price-to-earnings ratio of 6.41 and a beta of 1.30. The firm’s 50-day simple moving average is $22.13 and its 200 day simple moving average is $22.92.

iShares Mortgage Real Estate ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Mortgage Real Estate ETF (BATS:REM)

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