Wealthcare Advisory Partners LLC Purchases 5,094 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

Wealthcare Advisory Partners LLC grew its position in iShares Mortgage Real Estate ETF (BATS:REM) by 14.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,550 shares of the company’s stock after purchasing an additional 5,094 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 0.15% of iShares Mortgage Real Estate ETF worth $919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Mid American Wealth Advisory Group Inc. lifted its holdings in shares of iShares Mortgage Real Estate ETF by 13.3% in the first quarter. Mid American Wealth Advisory Group Inc. now owns 198,373 shares of the company’s stock worth $4,610,000 after buying an additional 23,299 shares in the last quarter. NBC Securities Inc. lifted its holdings in shares of iShares Mortgage Real Estate ETF by 20.7% in the first quarter. NBC Securities Inc. now owns 9,032 shares of the company’s stock worth $219,000 after buying an additional 1,550 shares in the last quarter. Clear Street Markets LLC lifted its holdings in shares of iShares Mortgage Real Estate ETF by 187.1% in the fourth quarter. Clear Street Markets LLC now owns 17,800 shares of the company’s stock worth $420,000 after buying an additional 11,600 shares in the last quarter. Copperwynd Financial LLC purchased a new position in shares of iShares Mortgage Real Estate ETF in the fourth quarter worth $1,895,000. Finally, AXS Investments LLC purchased a new position in shares of iShares Mortgage Real Estate ETF in the fourth quarter worth $826,000.

iShares Mortgage Real Estate ETF Price Performance

REM stock opened at $22.18 on Friday. The stock has a market capitalization of $596.64 million, a P/E ratio of 6.41 and a beta of 1.30. The stock has a 50 day moving average of $22.39 and a two-hundred day moving average of $22.66.

About iShares Mortgage Real Estate ETF

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.