Private Advisor Group LLC Grows Stock Holdings in iShares Mortgage Real Estate ETF (BATS:REM)

Private Advisor Group LLC lifted its position in iShares Mortgage Real Estate ETF (BATS:REM) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 52,252 shares of the company’s stock after buying an additional 3,383 shares during the period. Private Advisor Group LLC owned approximately 0.19% of iShares Mortgage Real Estate ETF worth $1,116,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of REM. AlphaCentric Advisors LLC raised its stake in iShares Mortgage Real Estate ETF by 5.3% in the third quarter. AlphaCentric Advisors LLC now owns 14,926 shares of the company’s stock valued at $354,000 after buying an additional 745 shares during the last quarter. Farther Finance Advisors LLC acquired a new stake in iShares Mortgage Real Estate ETF in the 3rd quarter worth approximately $29,000. Barry Investment Advisors LLC increased its stake in 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 valued at $3,047,000 after purchasing an additional 1,241 shares in the last quarter. Harbour Investments Inc. raised its holdings in shares of iShares Mortgage Real Estate ETF by 3.0% in the third quarter. Harbour Investments Inc. now owns 72,395 shares of the company’s stock worth $1,718,000 after buying an additional 2,136 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in shares of iShares Mortgage Real Estate ETF by 24.3% in the third quarter. Stifel Financial Corp now owns 15,761 shares of the company’s stock worth $374,000 after buying an additional 3,085 shares during the last quarter.

iShares Mortgage Real Estate ETF Trading Down 0.2 %

iShares Mortgage Real Estate ETF stock opened at $23.40 on Friday. The company’s fifty day moving average price is $22.10 and its 200-day moving average price is $22.82. The stock has a market cap of $650.52 million, a P/E ratio of 10.42 and a beta of 1.69.

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.