ETF Worth Watching: iShares Mortgage Real Estate Capped ETF (REM) Declines 1.15% for Nov 24

November 24, 2016 - By Hazel Jackson   ·   0 Comments

Nov 24 is a negative day so far for iShares Mortgage Real Estate Capped ETF (NYSEARCA:REM) as the ETF is active during the day after losing 1.15% to hit $42.3 per share. The exchange traded fund has 1.04 billion net assets and 1.21% volatility this month.

Over the course of the day 221,383 shares traded hands, as compared to an average volume of 1.51M over the last 30 days for iShares Mortgage Real Estate Capped ETF (NYSEARCA:REM).

The ETF is -2.57% of its 52-Week High and 41.73% of its low, and is currently having ATR of 0.54. This year’s performance is 18.46% while this quarter’s performance is -0.30%.

The ETF’s YTD performance is 19.47%, the 1 year is 18.19% and the 3 year is 8.05%.

The ETF’s average P/E ratio is 11.9, the price to book is 0.9, the price to sales is 4.69 and the price to cashflow is 3.93. It was started on 05/04/2007. The fund’s top holdings are: Annaly Capital Management Inc C for 18.12% of assets, American Capital Agency Corp. for 11.53%, STARWOOD PROPERTY TRUST INC. S for 9.24%, New Residential Investment Corp for 6.09%, Blackstone Mortgage Trust Inc. for 4.68%, MFA Financial Inc. for 4.36%, Chimera Investment Corporation for 4.35%, Two Harbors Investment Corp for 4.28%, Colony Capital Inc. Class A Co for 4.19%, INVESCO MORTGAGE CAPITAL INC Co for 3.38%. The ETF sector weights are: Realestate 100.00%. The ETF currently as 10.60% yield.

More notable recent iShares FTSE NAREIT Mortg.REITIn Fd(ETF) (NYSEARCA:REM) news were published by: Benzinga.com which released: “As Dividend ETFs Pay Out, Expect Price Action” on September 25, 2014, also Fool.com with their article: “Is This ETF the Safest Way to Invest in High-Yield Mortgage REITs?” published on January 16, 2015, Fool.com published: “5 ETFs for Dividend-Hungry Investors” on October 03, 2011. More interesting news about iShares FTSE NAREIT Mortg.REITIn Fd(ETF) (NYSEARCA:REM) were released by: Fool.com and their article: “You’re Paying Too Much for Big Dividends” published on April 18, 2013 as well as Fool.com‘s news article titled: “7 Things You Probably Don’t Know About Annaly Capital Management Inc.” with publication date: March 22, 2015.

iShares Mortgage Real Estate Capped ETF, formerly iShares FTSE NAREIT Mortgage Plus Capped Index Fund , is an exchange-traded fund. The ETF has a market cap of $1.04 billion. The Fund seeks investment results that correspond generally to the price and yield performance of the FTSE NAREIT All Mortgage Capped Index (the Index). It currently has negative earnings. The Index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the United States equity market.

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By Hazel Jackson


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