Allspring Global Investments Holdings LLC Has $642,000 Holdings in iShares Mortgage Real Estate ETF (BATS:REM)

Allspring Global Investments Holdings LLC boosted its stake in iShares Mortgage Real Estate ETF (BATS:REM) by 5.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,600 shares of the company’s stock after buying an additional 1,600 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.11% of iShares Mortgage Real Estate ETF worth $642,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of REM. NBC Securities Inc. lifted its holdings in shares of iShares Mortgage Real Estate ETF by 102,000.0% during the first quarter. NBC Securities Inc. now owns 11,231 shares of the company’s stock valued at $252,000 after acquiring an additional 11,220 shares during the period. Two Sigma Securities LLC lifted its holdings in iShares Mortgage Real Estate ETF by 41.0% during the 4th quarter. Two Sigma Securities LLC now owns 12,166 shares of the company’s stock valued at $260,000 after purchasing an additional 3,540 shares during the last quarter. FWL Investment Management LLC boosted its position in iShares Mortgage Real Estate ETF by 1,031.9% in the fourth quarter. FWL Investment Management LLC now owns 13,062 shares of the company’s stock valued at $279,000 after buying an additional 11,908 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. grew its stake in iShares Mortgage Real Estate ETF by 18.1% during the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 14,223 shares of the company’s stock worth $304,000 after buying an additional 2,181 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its stake in iShares Mortgage Real Estate ETF by 10.2% during the fourth quarter. CreativeOne Wealth LLC now owns 14,490 shares of the company’s stock worth $309,000 after buying an additional 1,340 shares during the last quarter.

iShares Mortgage Real Estate ETF Stock Up 0.7%

BATS:REM opened at $22.06 on Thursday. The company has a market capitalization of $569.15 million, a PE ratio of 14.69 and a beta of 1.33. The firm has a 50-day moving average price of $21.33 and a 200 day moving average price of $21.70.

iShares Mortgage Real Estate ETF 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.