First Trust Advisors LP cut its holdings in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 30.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,453 shares of the company’s stock after selling 12,623 shares during the period. First Trust Advisors LP owned 0.29% of iShares CMBS ETF worth $1,387,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in CMBS. Jane Street Group LLC raised its position in shares of iShares CMBS ETF by 19.2% during the first quarter. Jane Street Group LLC now owns 35,391 shares of the company’s stock valued at $1,699,000 after buying an additional 5,692 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares CMBS ETF by 40.0% during the second quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock valued at $345,000 after acquiring an additional 2,025 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares CMBS ETF by 46.6% during the second quarter. Ameriprise Financial Inc. now owns 54,302 shares of the company’s stock valued at $2,649,000 after acquiring an additional 17,257 shares in the last quarter. Visionary Wealth Advisors bought a new stake in iShares CMBS ETF in the 2nd quarter valued at $345,000. Finally, Aptus Capital Advisors LLC bought a new stake in iShares CMBS ETF in the 3rd quarter valued at $49,000.
iShares CMBS ETF Stock Performance
Shares of CMBS stock opened at $48.19 on Monday. iShares CMBS ETF has a 52 week low of $48.01 and a 52 week high of $50.09. The company’s fifty day simple moving average is $48.44 and its two-hundred day simple moving average is $48.80.
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.
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