Mortgage
Mutual Advisors LLC sold shares of the iShares Mortgage Real Estate ETF (BATS:REM).
In the article, Mutual Advisors LLC reduced its stake in iShares Mortgage Real Estate ETF by 6.8% during the 4th quarter, owning approximately 0.07% of the ETF’s stock worth $488,000. Other hedge funds like HighTower Advisors LLC, BlackRock Inc., Baird Financial Group Inc., Symphony Financial Ltd. Co., and Mariner LLC also modified their holdings in the ETF in the 1st quarter. The iShares Mortgage Real Estate Capped ETF (REM) is managed by BlackRock and is based on the FTSE Nareit All Mortgage Capped index. The ETF’s stock opened at $23.24 on Friday with a market cap of $654.21 million and a price-to-earnings ratio of 6.78, with a beta of 1.50.
– Mutual Advisors LLC reduced its stake in iShares Mortgage Real Estate ETF by 6.8% in the 4th quarter
– Several other hedge funds modified their holdings of iShares Mortgage Real Estate ETF in the 1st quarter
– iShares Mortgage Real Estate Capped ETF (REM) is based on the FTSE Nareit All Mortgage Capped index and managed by BlackRock
– The ETF’s stock opened at $23.24 with a market cap of $654.21 million, a price-to-earnings ratio of 6.78, and a beta of 1.50
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