Sequoia Financial Advisors LLC Trims Stock Holdings in iShares Select U.S. REIT ETF $ICF

Sequoia Financial Advisors LLC lowered its position in iShares Select U.S. REIT ETF (BATS:ICF) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,532 shares of the company’s stock after selling 254 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares Select U.S. REIT ETF were worth $338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ICF. Merit Financial Group LLC boosted its position in iShares Select U.S. REIT ETF by 2,919.9% during the 2nd quarter. Merit Financial Group LLC now owns 103,944 shares of the company’s stock valued at $6,357,000 after acquiring an additional 100,502 shares in the last quarter. CWM LLC boosted its position in iShares Select U.S. REIT ETF by 506.4% during the 1st quarter. CWM LLC now owns 111,615 shares of the company’s stock valued at $6,868,000 after acquiring an additional 93,208 shares in the last quarter. Royal Bank of Canada boosted its position in iShares Select U.S. REIT ETF by 17.5% during the 1st quarter. Royal Bank of Canada now owns 465,141 shares of the company’s stock valued at $28,620,000 after acquiring an additional 69,295 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Select U.S. REIT ETF by 3.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,147,157 shares of the company’s stock valued at $132,115,000 after acquiring an additional 68,086 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in iShares Select U.S. REIT ETF by 27.2% during the 1st quarter. Bank of New York Mellon Corp now owns 262,173 shares of the company’s stock valued at $16,132,000 after acquiring an additional 56,065 shares in the last quarter.

iShares Select U.S. REIT ETF Trading Up 5.3%

Shares of ICF opened at $62.29 on Wednesday. iShares Select U.S. REIT ETF has a 12 month low of $52.76 and a 12 month high of $67.57. The stock has a fifty day moving average price of $61.08 and a 200-day moving average price of $60.81. The firm has a market cap of $1.97 billion, a PE 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).