J.W. Cole Advisors Inc. Invests $215,000 in iShares Mortgage Real Estate ETF (BATS:REM)

J.W. Cole Advisors Inc. purchased a new position in shares of iShares Mortgage Real Estate ETF (BATS:REM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,093 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also made changes to their positions in REM. Farther Finance Advisors LLC acquired a new position in shares of iShares Mortgage Real Estate ETF during the third quarter worth about $29,000. Rockefeller Capital Management L.P. acquired a new position in shares of iShares Mortgage Real Estate ETF during the third quarter worth about $273,000. Silver Oak Securities Incorporated acquired a new position in shares of iShares Mortgage Real Estate ETF during the fourth quarter worth about $312,000. AlphaCentric Advisors LLC increased its stake in shares of iShares Mortgage Real Estate ETF by 5.3% during the third quarter. AlphaCentric Advisors LLC now owns 14,926 shares of the company’s stock worth $354,000 after acquiring an additional 745 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of iShares Mortgage Real Estate ETF during the third quarter worth about $368,000.

iShares Mortgage Real Estate ETF Stock Down 1.0 %

Shares of REM opened at $23.19 on Friday. The business’s fifty day moving average is $21.99 and its 200-day moving average is $22.81. The firm has a market capitalization of $623.81 million, a price-to-earnings ratio of 6.41 and a beta of 1.30.

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.