Cetera Investment Advisers Buys 8,952 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

Cetera Investment Advisers lifted its position in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 41.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,310 shares of the company’s stock after purchasing an additional 8,952 shares during the period. Cetera Investment Advisers owned 0.11% of iShares Mortgage Real Estate ETF worth $680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Phillips Financial Management LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the 1st quarter worth approximately $51,000. NBC Securities Inc. lifted its position 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 purchasing an additional 11,220 shares in the last quarter. IFP Advisors Inc raised its position in iShares Mortgage Real Estate ETF by 583.2% in the first quarter. IFP Advisors Inc now owns 11,519 shares of the company’s stock worth $258,000 after acquiring an additional 9,833 shares during the period. Two Sigma Securities LLC raised its position in shares of iShares Mortgage Real Estate ETF by 41.0% in the fourth 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 period. Finally, FWL Investment Management LLC grew its stake in iShares Mortgage Real Estate ETF by 1,031.9% during the fourth quarter. FWL Investment Management LLC now owns 13,062 shares of the company’s stock valued at $279,000 after acquiring an additional 11,908 shares in the last quarter.

iShares Mortgage Real Estate ETF Trading Down 0.7%

REM stock opened at $22.31 on Friday. The stock has a market cap of $575.60 million, a PE ratio of 14.69 and a beta of 1.33. The business has a 50 day moving average of $21.73 and a 200 day moving average of $21.79.

About iShares Mortgage Real Estate ETF

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.