Element Wealth LLC bought a new stake in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,550 shares of the company’s stock, valued at approximately $73,000.
A number of other institutional investors have also modified their holdings of the stock. Arvest Investments Inc. acquired a new stake in shares of iShares CMBS ETF in the 4th quarter worth approximately $21,296,000. Central Bank & Trust Co. boosted its holdings in iShares CMBS ETF by 26.7% in the 4th quarter. Central Bank & Trust Co. now owns 137,746 shares of the company’s stock valued at $6,445,000 after purchasing an additional 29,016 shares during the period. Capital Analysts LLC bought a new position in shares of iShares CMBS ETF during the 4th quarter worth about $32,000. Commonwealth Equity Services LLC lifted its holdings in iShares CMBS ETF by 2.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 42,323 shares of the company’s stock valued at $1,906,000 after purchasing an additional 1,052 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in iShares CMBS ETF in the 3rd quarter valued at about $1,315,000.
iShares CMBS ETF Stock Up 0.1 %
Shares of NYSEARCA:CMBS traded up $0.05 during trading on Tuesday, hitting $46.11. 33,408 shares of the company’s stock were exchanged, compared to its average volume of 68,373. The firm has a 50-day moving average price of $46.66 and a two-hundred day moving average price of $46.11. iShares CMBS ETF has a 1-year low of $44.19 and a 1-year high of $47.56.
About iShares CMBS ETF
The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.
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