Pathstone Holdings LLC trimmed its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 0.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 724,220 shares of the company’s stock after selling 4,248 shares during the period. Pathstone Holdings LLC owned about 8.23% of iShares CMBS ETF worth $35,436,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of CMBS. MidAtlantic Capital Management Inc. purchased a new stake in iShares CMBS ETF in the 3rd quarter worth approximately $32,000. Farther Finance Advisors LLC acquired a new position in shares of iShares CMBS ETF in the 3rd quarter valued at $78,000. Cullen Frost Bankers Inc. grew its position in iShares CMBS ETF by 43.6% during the second quarter. Cullen Frost Bankers Inc. now owns 1,654 shares of the company’s stock valued at $78,000 after buying an additional 502 shares during the period. Gradient Investments LLC grew its position in iShares CMBS ETF by 356.8% during the second quarter. Gradient Investments LLC now owns 1,978 shares of the company’s stock valued at $93,000 after buying an additional 1,545 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new position in iShares CMBS ETF in the third quarter valued at $259,000.
iShares CMBS ETF Price Performance
CMBS stock opened at $47.23 on Tuesday. iShares CMBS ETF has a 52-week low of $45.07 and a 52-week high of $49.17. The company’s 50-day simple moving average is $48.05 and its 200-day simple moving average is $47.48.
About iShares CMBS ETF
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.
Recommended Stories
- Five stocks we like better than iShares CMBS ETF
- 3 REITs to Buy and Hold for the Long Term
- Is Monolithic Power Systems a Screaming Buy After Near 40% Drop?
- How to Invest in the Best Canadian Stocks
- Applied Materials Market Capitulates: Now is the Time to Buy
- The How and Why of Investing in Gold Stocks
- 3 Ultra-High Dividend Yield Stocks for the New Year
Receive News & Ratings for iShares CMBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares CMBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
