iShares CMBS ETF $CMBS Stake Lifted by Prepared Retirement Institute LLC

Prepared Retirement Institute LLC raised its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 160.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 156,402 shares of the company’s stock after purchasing an additional 96,333 shares during the quarter. iShares CMBS ETF comprises about 4.5% of Prepared Retirement Institute LLC’s investment portfolio, making the stock its 7th biggest position. Prepared Retirement Institute LLC’s holdings in iShares CMBS ETF were worth $7,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CMBS. City Center Advisors LLC raised its position in iShares CMBS ETF by 10.9% in the first quarter. City Center Advisors LLC now owns 5,229 shares of the company’s stock valued at $251,000 after purchasing an additional 514 shares during the period. Tounjian Advisory Partners LLC purchased a new position in iShares CMBS ETF in the first quarter valued at about $696,000. Arvest Investments Inc. raised its position in iShares CMBS ETF by 1.8% in the first quarter. Arvest Investments Inc. now owns 444,995 shares of the company’s stock valued at $21,360,000 after purchasing an additional 7,957 shares during the period. Columbus Macro LLC raised its position in iShares CMBS ETF by 57.2% in the first quarter. Columbus Macro LLC now owns 18,631 shares of the company’s stock valued at $894,000 after purchasing an additional 6,778 shares during the period. Finally, Systelligence LLC purchased a new position in iShares CMBS ETF in the first quarter valued at about $5,914,000.

iShares CMBS ETF Price Performance

NYSEARCA:CMBS opened at $49.01 on Monday. The business’s 50-day moving average is $48.85 and its two-hundred day moving average is $48.38. iShares CMBS ETF has a 12 month low of $46.74 and a 12 month 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.