ETF Managers Group LLC increased the quantity of Chicago Atlantic Real Estate Finance, INC (NASDAQ: REFI) stock owned by a factor of 234.5% during the third quarter, as stated in the most recent filing with the Securities and Exchange Commission.

The fund increased the total number of shares it owned in the company to 458,709 by increasing the number of shares of Real Estate Finance, INC (NASDAQ: REFI) stock, which is owned by a factor of 234.5% during the third quarter.

During that time frame, the fund made additional purchases totaling 321,586 shares of the company’s stock, bringing the total number of shares in the company that it owned to 458,709.

The most recent SEC filing that ETF Managers Group LLC has made indicates that the company owned approximately 2.60 percent of Chicago Atlantic Real Estate Finance, valued at $6,600,000.

Some institutional investors have recently made changes to their holdings about REFI.

These changes were made.

During the third quarter, the Bank of New York Mellon saw a 4.2% increase in the percentage of ownership it holds in Chicago Atlantic Real Estate Finance.

After purchasing an additional 739 shares during the quarter, Bank of New York Mellon Corp. now owns 18,528 shares in the company.

The current market price of these shares comes to a total of $267,000; the company increased its share count during the quarter.

Private Wealth LLC increased its holdings in Chicago Atlantic Real Estate Finance during the third quarter by purchasing a new investment valued at approximately $437,000 to diversify its portfolio.

Evoke Wealth LLC increased its holdings in Chicago Atlantic Real Estate Finance during the third quarter by purchasing additional shares.

This investment was approximately 1,779 thousand dollars in value.

By purchasing additional shares of Chicago Atlantic Real Estate Finance during the third quarter, Nisa Investment Advisors LLC was able to increase the size of its stock holdings by 172.2%. Nisa Investment Advisors LLC now has 5,444 shares of the company’s stock, worth a combined total of $78,000.

This is because the firm made an additional purchase of 3,444 shares during the most recent period.

Through the third quarter, Emfo LLC increased the proportion of Chicago Atlantic Real Estate Finance owned by 85.6%.

This brings us to the conclusion of our discussion.

Emfo LLC now has 285,659 shares of the company’s stock, which has a value of $4,160,000 after purchasing an additional 131,775 shares during the period in question. 15.63 percent of the company’s shares are owned by institutional investors who have purchased large blocks of stock.
Anthony Cappell, the company’s Chief Executive Officer, purchased 9,184 shares of the company’s stock on December 12, as was reported in other recent business-related news.

The total cost of purchasing the shares was $145,658.24, corresponding to an average price of $15.86 for each share. You can find this information about the transaction by following this link, which will take you to a document that was submitted to the Securities and Exchange Commission and included this information.

As a consequence of the acquisition, the company’s chief executive officer now owns 227,454 shares, the total value of which is $3,607,420.44.

A business insider named Peter Sack purchased 2,396 shares of company stock on December 12, as previously mentioned in other items connected to this topic.

The stock was acquired for $38,056.86, equivalent to a price of $15.86 for each share.

The completion of the transaction has resulted in the insider now directly owns 5,821 company shares, which have a combined value of approximately $92,321.06. When you follow this link, you will be taken to the SEC filing that contains more information about the acquisition.

In addition, on Monday, December 12, Chief Executive Officer Anthony Cappell bought 9,184 shares of the company’s stock.

The total cost of purchasing the shares was $145,658.24, corresponding to an average price of $15.86 for each share.

If everything goes according to plan, the company’s CEO will soon be the proud owner of 227,454 shares, each currently worth $3,607,420.44. You should be able to locate the disclosure concerning this transaction in the following location: People currently employed by the company own 8.95% of the total shares issued by the company.
During the trading session on Friday morning, the share price of NASDAQ: REFI dropped $0.04 to $14.33.

The company’s stock was involved in 9,480 transactions, with an average volume of 40,885 shares traded each time. Over the last 50 and 200 trading days, the price of a share of the company’s stock has fluctuated between $15.22 and $15.23. Over the last fifty-two weeks, the price of shares of Chicago Atlantic Real Estate Finance, INC has ranged from a low of $13.87 to a high of $20.

The company’s price-to-earnings ratio is 7.26, and its market capitalization is equal to 253.07 million dollars at the moment.

In addition, the company had recently disclosed that it would be paying a quarterly dividend, which was paid out on the 13th of this month. On Friday, December 30, dividend payments were sent out to stockholders whose information was already filed on the 13th of this month. On Friday, December 30, dividend payments were sent to stockholders whose information was already on file.

The amount of each dividend payment was $0.76 per share.

This represents an increase compared to the previous quarterly dividend amount that Chicago Atlantic Real Estate Finance paid out, which was $0.47.

This results in a dividend payment of $3.04 per year when calculated annually and a yield of 21.21 percent. On December 29, the dividend payment, initially subject to certain deductions, finally got underway.

The number of dividends that Chicago Atlantic Real Estate Financing distributes to its shareholders makes up 94.95% of total payouts.

The business known as Chicago Atlantic Real Estate Finance, INC is the one that operates in the United States and provides financing for commercial real estate.

It also develops and invests in these kinds of loans, in addition to originating alternative structured financings and first mortgage loans secured by commercial real estate.

These are the types of loans that it originates from.

The company’s primary line of business is making senior loans to business operators and property owners in the cannabis industry with valid state licenses.

The post Chicago Atlantic Real Estate Finance, Inc. is purchased by ETF Managers Group LLC for 321,586 shares (NASDAQ:REFI) appeared first on Best Stocks.