Invst LLC Sells 7,297 Shares of iShares Mortgage Real Estate ETF (BATS:REM)

Invst LLC cut its stake in iShares Mortgage Real Estate ETF (BATS:REM) by 22.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,869 shares of the company’s stock after selling 7,297 shares during the period. Invst LLC owned 0.09% of iShares Mortgage Real Estate ETF worth $545,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in shares of iShares Mortgage Real Estate ETF by 24.7% in the 4th quarter. Wells Fargo & Company MN now owns 354,205 shares of the company’s stock valued at $8,356,000 after purchasing an additional 70,083 shares during the period. Copperwynd Financial LLC bought a new stake in shares of iShares Mortgage Real Estate ETF during the 4th quarter valued at $1,895,000. Clear Street Markets LLC grew its position in shares of iShares Mortgage Real Estate ETF by 187.1% in the 4th 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 during the period. NBC Securities Inc. increased its stake in shares of iShares Mortgage Real Estate ETF by 20.7% in the 1st quarter. NBC Securities Inc. now owns 9,032 shares of the company’s stock worth $219,000 after acquiring an additional 1,550 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. lifted its position in iShares Mortgage Real Estate ETF by 13.3% during the 1st quarter. Mid American Wealth Advisory Group Inc. now owns 198,373 shares of the company’s stock valued at $4,610,000 after acquiring an additional 23,299 shares during the period.

iShares Mortgage Real Estate ETF Trading Up 0.3 %

Shares of REM opened at $23.73 on Tuesday. The business has a fifty day simple moving average of $23.60 and a 200-day simple moving average of $22.90. The stock has a market capitalization of $638.34 million, a PE ratio of 6.41 and a beta of 1.30.

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.