Insight Wealth Partners LLC Trims Stake in iShares CMBS ETF $CMBS

Insight Wealth Partners LLC lessened its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 25.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,683 shares of the company’s stock after selling 18,170 shares during the period. Insight Wealth Partners LLC’s holdings in iShares CMBS ETF were worth $2,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares CMBS ETF in the 4th quarter valued at $42,000. Rogco LP acquired a new position in shares of iShares CMBS ETF in the second quarter worth about $43,000. Aptus Capital Advisors LLC purchased a new stake in shares of iShares CMBS ETF during the 3rd quarter worth about $49,000. Wealthcare Advisory Partners LLC boosted its stake in shares of iShares CMBS ETF by 3.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after acquiring an additional 214 shares in the last quarter. Finally, Visionary Wealth Advisors purchased a new stake in shares of iShares CMBS ETF during the 2nd quarter worth about $345,000.

iShares CMBS ETF Stock Down 0.4%

NYSEARCA CMBS opened at $48.00 on Wednesday. The stock has a 50-day moving average of $48.33 and a 200 day moving average of $48.64. iShares CMBS ETF has a twelve month low of $47.93 and a twelve month high of $50.09.

iShares CMBS ETF Profile

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.