Simplex Trading LLC boosted its holdings in iShares Mortgage Real Estate ETF (BATS:REM – Free Report) by 58.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,271 shares of the company’s stock after buying an additional 8,234 shares during the quarter. Simplex Trading LLC’s holdings in iShares Mortgage Real Estate ETF were worth $475,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. IFP Advisors Inc raised its holdings in shares of iShares Mortgage Real Estate ETF by 179.6% during the fourth quarter. IFP Advisors Inc now owns 1,686 shares of the company’s stock valued at $36,000 after purchasing an additional 1,083 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in iShares Mortgage Real Estate ETF in the 4th quarter worth approximately $215,000. Rockefeller Capital Management L.P. purchased a new stake in iShares Mortgage Real Estate ETF during the 3rd quarter valued at $273,000. Advyzon Investment Management LLC bought a new position in shares of iShares Mortgage Real Estate ETF during the 4th quarter valued at $295,000. Finally, Silver Oak Securities Incorporated purchased a new position in shares of iShares Mortgage Real Estate ETF in the 4th quarter worth $312,000.
iShares Mortgage Real Estate ETF Stock Performance
iShares Mortgage Real Estate ETF stock opened at $22.36 on Wednesday. The stock has a market capitalization of $648.44 million, a PE ratio of 10.71 and a beta of 1.38. The firm’s 50 day moving average price is $22.82 and its two-hundred day moving average price is $22.71.
iShares Mortgage Real Estate ETF Company 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.
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Want to see what other hedge funds are holding REM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Mortgage Real Estate ETF (BATS:REM – Free Report).
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