Syon Capital LLC reduced its stake in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 411,146 shares of the company’s stock after selling 116,510 shares during the period. iShares CMBS ETF accounts for approximately 0.9% of Syon Capital LLC’s investment portfolio, making the stock its 24th biggest position. Syon Capital LLC’s holdings in iShares CMBS ETF were worth $20,002,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of CMBS. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares CMBS ETF during the 4th quarter worth about $42,000. Aptus Capital Advisors LLC acquired a new position in iShares CMBS ETF in the 3rd quarter valued at about $49,000. Wealthcare Advisory Partners LLC grew its stake in iShares CMBS ETF by 3.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock valued at $315,000 after buying an additional 214 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares CMBS ETF by 40.0% in the 2nd 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 during the period. Finally, Visionary Wealth Advisors bought a new position in iShares CMBS ETF in the 2nd quarter valued at about $345,000.
iShares CMBS ETF Price Performance
Shares of iShares CMBS ETF stock opened at $48.08 on Friday. The firm has a 50-day moving average of $48.36 and a 200-day moving average of $48.67. iShares CMBS ETF has a 52-week low of $47.93 and a 52-week high of $50.09.
iShares CMBS ETF Company 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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