iShares Mortgage Real Estate ETF (BATS:REM) Shares Sold by Brookstone Capital Management

Brookstone Capital Management lowered its holdings in iShares Mortgage Real Estate ETF (BATS:REM) by 6.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,250 shares of the company’s stock after selling 2,825 shares during the period. Brookstone Capital Management owned 0.15% of iShares Mortgage Real Estate ETF worth $935,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mid American Wealth Advisory Group Inc. grew its stake 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 valued at $4,610,000 after buying an additional 23,299 shares in the last quarter. NBC Securities Inc. increased its position in shares of iShares Mortgage Real Estate ETF by 20.7% during the 1st quarter. NBC Securities Inc. now owns 9,032 shares of the company’s stock valued at $219,000 after purchasing an additional 1,550 shares during the period. Clear Street Markets LLC increased its position in shares of iShares Mortgage Real Estate ETF by 187.1% during the 4th quarter. Clear Street Markets LLC now owns 17,800 shares of the company’s stock valued at $420,000 after purchasing an additional 11,600 shares during the period. Copperwynd Financial LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the 4th quarter worth $1,895,000. Finally, AXS Investments LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the 4th quarter worth $826,000.

iShares Mortgage Real Estate ETF Trading Up 0.9 %

Shares of iShares Mortgage Real Estate ETF stock opened at $22.16 on Friday. The firm has a market capitalization of $596.10 million, a PE ratio of 6.41 and a beta of 1.30. The stock has a 50 day simple moving average of $22.39 and a two-hundred day simple moving average of $22.65.

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.