iShares Residential and Multisector Real Estate ETF $REZ Shares Acquired by Franklin Parlapiano Turner & Welch LLC

Franklin Parlapiano Turner & Welch LLC raised its position in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 0.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 474,807 shares of the company’s stock after acquiring an additional 3,003 shares during the quarter. iShares Residential and Multisector Real Estate ETF makes up about 10.2% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 2nd largest holding. Franklin Parlapiano Turner & Welch LLC owned 5.00% of iShares Residential and Multisector Real Estate ETF worth $39,096,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in REZ. Main Street Group LTD raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 48.3% during the second quarter. Main Street Group LTD now owns 1,020 shares of the company’s stock valued at $84,000 after acquiring an additional 332 shares during the last quarter. Golden State Wealth Management LLC lifted its position in iShares Residential and Multisector Real Estate ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,100 shares of the company’s stock worth $95,000 after buying an additional 550 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in iShares Residential and Multisector Real Estate ETF by 27.3% during the first quarter. Janney Montgomery Scott LLC now owns 4,909 shares of the company’s stock worth $424,000 after buying an additional 1,052 shares during the last quarter. Leavell Investment Management Inc. acquired a new position in iShares Residential and Multisector Real Estate ETF during the first quarter worth $543,000. Finally, Kendall Capital Management boosted its stake in iShares Residential and Multisector Real Estate ETF by 3.8% during the second quarter. Kendall Capital Management now owns 10,683 shares of the company’s stock worth $880,000 after buying an additional 393 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Performance

NYSEARCA REZ opened at $81.47 on Friday. The stock’s fifty day moving average is $83.35 and its two-hundred day moving average is $82.82. The firm has a market capitalization of $769.89 million, a P/E ratio of 43.88 and a beta of 0.81. iShares Residential and Multisector Real Estate ETF has a fifty-two week low of $73.23 and a fifty-two week high of $90.47.

iShares Residential and Multisector Real Estate ETF Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.