CreativeOne Wealth LLC Acquires 1,340 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

CreativeOne Wealth LLC grew its stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 10.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 14,490 shares of the company’s stock after purchasing an additional 1,340 shares during the period. CreativeOne Wealth LLC owned about 0.05% of iShares Mortgage Real Estate ETF worth $309,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wells Fargo & Company MN boosted its stake in shares of iShares Mortgage Real Estate ETF by 30.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,088,306 shares of the company’s stock worth $23,235,000 after buying an additional 254,914 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Mortgage Real Estate ETF by 5.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 478,667 shares of the company’s stock valued at $10,220,000 after purchasing an additional 24,460 shares during the period. Clarity Financial LLC increased its position in shares of iShares Mortgage Real Estate ETF by 91.0% during the 4th quarter. Clarity Financial LLC now owns 209,292 shares of the company’s stock valued at $4,468,000 after purchasing an additional 99,699 shares during the last quarter. Barry Investment Advisors LLC raised its stake in shares of iShares Mortgage Real Estate ETF by 0.9% during the 4th quarter. Barry Investment Advisors LLC now owns 142,732 shares of the company’s stock worth $3,047,000 after purchasing an additional 1,241 shares during the period. Finally, Drive Wealth Management LLC boosted its holdings in shares of iShares Mortgage Real Estate ETF by 135.6% in the 4th quarter. Drive Wealth Management LLC now owns 99,396 shares of the company’s stock worth $2,122,000 after buying an additional 57,202 shares during the last quarter.

iShares Mortgage Real Estate ETF Price Performance

BATS REM opened at $19.94 on Monday. The stock has a market capitalization of $534.39 million, a P/E ratio of 9.91 and a beta of 1.38. The stock’s 50-day moving average is $22.21 and its 200-day moving average is $22.33.

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.