iShares Mortgage Real Estate ETF (BATS:REM) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its position in iShares Mortgage Real Estate ETF (BATS:REM) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,690 shares of the company’s stock after selling 4,456 shares during the period. Wealthcare Advisory Partners LLC owned 0.13% of iShares Mortgage Real Estate ETF worth $719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in REM. Envestnet Asset Management Inc. boosted its stake in iShares Mortgage Real Estate ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 433,741 shares of the company’s stock worth $9,612,000 after purchasing an additional 15,571 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in iShares Mortgage Real Estate ETF during the third quarter worth about $6,051,000. Barry Investment Advisors LLC boosted its position in iShares Mortgage Real Estate ETF by 0.8% during the third quarter. Barry Investment Advisors LLC now owns 141,491 shares of the company’s stock worth $3,358,000 after acquiring an additional 1,113 shares during the last quarter. Raymond James & Associates grew its stake in iShares Mortgage Real Estate ETF by 78.5% during the 3rd quarter. Raymond James & Associates now owns 115,171 shares of the company’s stock valued at $2,733,000 after acquiring an additional 50,642 shares in the last quarter. Finally, Mount Lucas Management LP raised its holdings in iShares Mortgage Real Estate ETF by 12.6% in the 3rd quarter. Mount Lucas Management LP now owns 113,160 shares of the company’s stock valued at $2,685,000 after acquiring an additional 12,677 shares during the last quarter.

iShares Mortgage Real Estate ETF Price Performance

REM opened at $21.96 on Monday. The business has a fifty day simple moving average of $22.22 and a 200 day simple moving average of $22.94. The stock has a market cap of $590.72 million, a price-to-earnings ratio of 6.41 and a beta of 1.30.

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.