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iShares Mortgage Real Estate Capped ETF (BATS:REM) Stock Position Reduced by AE Wealth Management LLC

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AE Wealth Management LLC cut its stake in shares of iShares Mortgage Real Estate Capped ETF (BATS:REM) by 57.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,456 shares of the company’s stock after selling 59,964 shares during the period. AE Wealth Management LLC’s holdings in iShares Mortgage Real Estate Capped ETF were worth $1,608,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sigma Planning Corp grew its position in iShares Mortgage Real Estate Capped ETF by 2.7% during the second quarter. Sigma Planning Corp now owns 12,610 shares of the company’s stock valued at $468,000 after purchasing an additional 331 shares in the last quarter. Independent Advisor Alliance grew its position in iShares Mortgage Real Estate Capped ETF by 6.5% during the third quarter. Independent Advisor Alliance now owns 7,604 shares of the company’s stock valued at $275,000 after purchasing an additional 466 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iShares Mortgage Real Estate Capped ETF by 1.0% in the second quarter. Commonwealth Equity Services LLC now owns 55,132 shares of the company’s stock valued at $2,046,000 after acquiring an additional 549 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Mortgage Real Estate Capped ETF by 2.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 35,393 shares of the company’s stock valued at $1,313,000 after acquiring an additional 929 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in iShares Mortgage Real Estate Capped ETF by 18.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,844 shares of the company’s stock valued at $254,000 after acquiring an additional 1,044 shares during the last quarter.

BATS REM opened at $34.83 on Tuesday. The company has a 50-day simple moving average of $36.51 and a 200 day simple moving average of $36.61.

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