Avidian Wealth Solutions LLC Lowers Position in iShares Cohen & Steers REIT ETF (BATS:ICF)

Avidian Wealth Solutions LLC lessened its stake in iShares Cohen & Steers REIT ETF (BATS:ICF) by 32.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,770 shares of the company’s stock after selling 20,974 shares during the quarter. Avidian Wealth Solutions LLC owned approximately 0.11% of iShares Cohen & Steers REIT ETF worth $2,571,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Wagner Wealth Management LLC bought a new stake in iShares Cohen & Steers REIT ETF in the 4th quarter worth about $36,000. Bourgeon Capital Management LLC grew its holdings in shares of iShares Cohen & Steers REIT ETF by 43.7% in the fourth quarter. Bourgeon Capital Management LLC now owns 658 shares of the company’s stock valued at $39,000 after acquiring an additional 200 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares Cohen & Steers REIT ETF during the fourth quarter valued at approximately $42,000. Manchester Capital Management LLC bought a new stake in iShares Cohen & Steers REIT ETF during the third quarter worth $50,000. Finally, McClarren Financial Advisors Inc. boosted its position in iShares Cohen & Steers REIT ETF by 103.8% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,121 shares of the company’s stock worth $66,000 after purchasing an additional 571 shares during the last quarter.

iShares Cohen & Steers REIT ETF Stock Performance

BATS:ICF traded up $0.37 during trading on Friday, reaching $54.47. The company’s stock had a trading volume of 202,945 shares. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 29.31 and a beta of 0.94. iShares Cohen & Steers REIT ETF has a 12 month low of $88.40 and a 12 month high of $104.37. The firm has a 50 day moving average of $55.87 and a 200-day moving average of $55.32.

iShares Cohen & Steers REIT ETF Profile

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).