Allspring Global Investments Holdings LLC Makes New Investment in iShares Mortgage Real Estate ETF (BATS:REM)

Allspring Global Investments Holdings LLC acquired a new position in iShares Mortgage Real Estate ETF (BATS:REM – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,800 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Securities Inc. acquired a new stake in iShares Mortgage Real Estate ETF in the fourth quarter valued at approximately $26,000. Bfsg LLC purchased a new stake in iShares Mortgage Real Estate ETF in the 1st quarter valued at about $33,000. Mather Group LLC. purchased a new stake in iShares Mortgage Real Estate ETF in the second quarter valued at about $39,000. NBC Securities Inc. boosted its holdings in shares of iShares Mortgage Real Estate ETF by 24.0% during the fourth quarter. NBC Securities Inc. now owns 7,482 shares of the company’s stock valued at $176,000 after purchasing an additional 1,450 shares during the last quarter. Finally, RFG Advisory LLC acquired a new position in shares of iShares Mortgage Real Estate ETF during the second quarter valued at about $202,000.

The iShares Mortgage Real Estate ETF stock fell 0.4%

Shares of REM stock opened at $23.58 on Friday. The company’s 50-day simple moving average is $23.30, and its 200-day simple moving average is $22.70. The stock has a market cap of $634.30 million, a price-to-earnings ratio of 6.41 and a beta of 1.30.

iShares Mortgage Real Estate ETF Profile

(Free report)

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 capitalization-weighted index of residential and commercial mortgage REITs. REM was launched on May 1, 2007 and is managed by BlackRock.

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Want to see what other hedge funds REM owns? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Mortgage Real Estate ETF (BATS:REM – Free Report).

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