Krilogy Financial LLC reduced its stake in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 45.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,165 shares of the company’s stock after selling 60,540 shares during the period. Krilogy Financial LLC’s holdings in iShares CMBS ETF were worth $3,530,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in CMBS. Ethos Capital Management Inc. acquired a new position in iShares CMBS ETF in the 4th quarter valued at $1,663,000. UBS Group AG increased its position in shares of iShares CMBS ETF by 23.7% in the fourth quarter. UBS Group AG now owns 541,908 shares of the company’s stock worth $26,597,000 after purchasing an additional 103,731 shares during the period. Arete Wealth Advisors LLC bought a new position in shares of iShares CMBS ETF in the third quarter worth $750,000. AE Wealth Management LLC raised its stake in iShares CMBS ETF by 13.7% in the fourth quarter. AE Wealth Management LLC now owns 490,546 shares of the company’s stock valued at $24,076,000 after purchasing an additional 59,023 shares in the last quarter. Finally, Hyundai Investments Co. Ltd. acquired a new position in iShares CMBS ETF in the fourth quarter valued at about $577,000.
iShares CMBS ETF Stock Up 0.1%
CMBS opened at $48.54 on Wednesday. iShares CMBS ETF has a twelve month low of $48.11 and a twelve month high of $50.09. The company has a 50-day simple moving average of $48.65 and a 200 day simple moving average of $48.96.
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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