iShares Residential and Multisector Real Estate ETF $REZ Holdings Increased by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its holdings in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 15.0% in the first quarter, Holdings Channel reports. The firm owned 200,966 shares of the company’s stock after buying an additional 26,185 shares during the quarter. iShares Residential and Multisector Real Estate ETF accounts for about 2.5% of Cornerstone Planning Group LLC’s portfolio, making the stock its 9th biggest position. Cornerstone Planning Group LLC’s holdings in iShares Residential and Multisector Real Estate ETF were worth $18,057,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Van ECK Associates Corp lifted its holdings in shares of iShares Residential and Multisector Real Estate ETF by 21.6% during the third quarter. Van ECK Associates Corp now owns 134,348 shares of the company’s stock valued at $11,416,000 after purchasing an additional 23,895 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Residential and Multisector Real Estate ETF by 570.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,710 shares of the company’s stock worth $1,420,000 after buying an additional 14,217 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in iShares Residential and Multisector Real Estate ETF in the 4th quarter worth about $533,000. Franklin Parlapiano Turner & Welch LLC raised its position in iShares Residential and Multisector Real Estate ETF by 1.1% in the 4th quarter. Franklin Parlapiano Turner & Welch LLC now owns 474,430 shares of the company’s stock worth $40,996,000 after buying an additional 5,303 shares during the last quarter. Finally, Lederer & Associates Investment Counsel CA raised its position in iShares Residential and Multisector Real Estate ETF by 190.7% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock worth $571,000 after buying an additional 4,530 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Performance

REZ opened at $97.81 on Friday. The stock has a market capitalization of $899.85 million, a P/E ratio of 43.88 and a beta of 0.83. The company’s 50-day simple moving average is $92.57 and its two-hundred day simple moving average is $88.53. iShares Residential and Multisector Real Estate ETF has a 52-week low of $80.45 and a 52-week high of $99.23.

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.