Farther Finance Advisors LLC Takes Position in iShares Mortgage Real Estate ETF (BATS:REM)

Farther Finance Advisors LLC bought a new stake in shares of iShares Mortgage Real Estate ETF (BATS:REM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,210 shares of the company’s stock, valued at approximately $29,000.

A number of other large investors also recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new position in shares of iShares Mortgage Real Estate ETF during the second quarter valued at approximately $39,000. RFG Advisory LLC bought a new stake in iShares Mortgage Real Estate ETF in the second quarter valued at $202,000. Bright Futures Wealth Management LLC. purchased a new position in iShares Mortgage Real Estate ETF during the 1st quarter valued at $205,000. Seaview Investment Managers LLC raised its holdings in iShares Mortgage Real Estate ETF by 9.4% in the 2nd quarter. Seaview Investment Managers LLC now owns 11,557 shares of the company’s stock worth $256,000 after purchasing an additional 991 shares in the last quarter. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of iShares Mortgage Real Estate ETF in the 1st quarter worth about $264,000.

iShares Mortgage Real Estate ETF Price Performance

Shares of BATS:REM opened at $22.62 on Friday. The company has a market cap of $608.48 million, a price-to-earnings ratio of 6.41 and a beta of 1.30. The stock has a 50-day moving average price of $23.23 and a 200 day moving average price of $23.01.

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.