iShares Mortgage Real Estate ETF (BATS:REM) Shares Acquired by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. raised its stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) by 32.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 25,042 shares of the company’s stock after buying an additional 6,120 shares during the period. Avantax Advisory Services Inc. owned about 0.09% of iShares Mortgage Real Estate ETF worth $535,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. IFP Advisors Inc grew its position in iShares Mortgage Real Estate ETF by 179.6% during the fourth quarter. IFP Advisors Inc now owns 1,686 shares of the company’s stock valued at $36,000 after buying an additional 1,083 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in shares of iShares Mortgage Real Estate ETF in the fourth quarter valued at approximately $215,000. Rockefeller Capital Management L.P. acquired a new position in shares of iShares Mortgage Real Estate ETF during the 3rd quarter worth approximately $273,000. Advyzon Investment Management LLC purchased a new position in shares of iShares Mortgage Real Estate ETF during the 4th quarter valued at approximately $295,000. Finally, Silver Oak Securities Incorporated acquired a new stake in iShares Mortgage Real Estate ETF in the 4th quarter valued at $312,000.

iShares Mortgage Real Estate ETF Price Performance

BATS:REM opened at $22.97 on Friday. The business’s fifty day moving average is $22.65 and its two-hundred day moving average is $22.77. The firm has a market capitalization of $666.13 million, a PE ratio of 11.05 and a beta of 1.73.

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.