Barry Investment Advisors LLC Reduces Stock Position in iShares Mortgage Real Estate ETF $REM

Barry Investment Advisors LLC cut its position in iShares Mortgage Real Estate ETF (BATS:REM) by 0.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,845 shares of the company’s stock after selling 788 shares during the period. Barry Investment Advisors LLC owned approximately 0.56% of iShares Mortgage Real Estate ETF worth $3,097,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of REM. Advyzon Investment Management LLC increased its holdings in iShares Mortgage Real Estate ETF by 4.3% in the 1st quarter. Advyzon Investment Management LLC now owns 14,390 shares of the company’s stock worth $323,000 after buying an additional 594 shares during the period. Private Advisor Group LLC boosted its holdings in shares of iShares Mortgage Real Estate ETF by 1.7% in the 1st quarter. Private Advisor Group LLC now owns 53,139 shares of the company’s stock valued at $1,192,000 after acquiring an additional 887 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares Mortgage Real Estate ETF by 239.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,528 shares of the company’s stock valued at $33,000 after acquiring an additional 1,078 shares during the last quarter. Baker Avenue Asset Management LP increased its stake in shares of iShares Mortgage Real Estate ETF by 3.0% in the first quarter. Baker Avenue Asset Management LP now owns 39,924 shares of the company’s stock worth $896,000 after acquiring an additional 1,164 shares during the period. Finally, Trivium Point Advisory LLC raised its holdings in shares of iShares Mortgage Real Estate ETF by 0.8% during the first quarter. Trivium Point Advisory LLC now owns 161,368 shares of the company’s stock worth $3,621,000 after purchasing an additional 1,206 shares during the last quarter.

iShares Mortgage Real Estate ETF Stock Up 0.5%

BATS REM opened at $21.98 on Friday. The firm has a market capitalization of $567.08 million, a P/E ratio of 14.69 and a beta of 1.33. The firm’s 50-day simple moving average is $22.41 and its two-hundred day simple moving average is $21.72.

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.