Bank of New York Mellon Corp Has $16.13 Million Holdings in iShares Select U.S. REIT ETF (BATS:ICF)

Bank of New York Mellon Corp grew its holdings in iShares Select U.S. REIT ETF (BATS:ICF) by 27.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 262,173 shares of the company’s stock after buying an additional 56,065 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.81% of iShares Select U.S. REIT ETF worth $16,132,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. acquired a new stake in shares of iShares Select U.S. REIT ETF in the 4th quarter valued at approximately $212,000. Harbour Investments Inc. increased its stake in iShares Select U.S. REIT ETF by 26.3% during the 4th quarter. Harbour Investments Inc. now owns 902 shares of the company’s stock worth $54,000 after purchasing an additional 188 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in shares of iShares Select U.S. REIT ETF by 9.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 6,859 shares of the company’s stock worth $413,000 after acquiring an additional 576 shares during the period. Lee Danner & Bass Inc. bought a new stake in shares of iShares Select U.S. REIT ETF in the fourth quarter valued at about $41,000. Finally, TD Private Client Wealth LLC grew its holdings in shares of iShares Select U.S. REIT ETF by 32.0% during the fourth quarter. TD Private Client Wealth LLC now owns 5,325 shares of the company’s stock worth $321,000 after buying an additional 1,290 shares in the last quarter.

iShares Select U.S. REIT ETF Price Performance

iShares Select U.S. REIT ETF stock opened at $61.63 on Friday. The firm has a 50-day moving average of $61.36 and a 200-day moving average of $60.82. iShares Select U.S. REIT ETF has a one year low of $52.76 and a one year high of $67.57. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 35.35 and a beta of 0.97.

About iShares Select U.S. 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).