iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 12,887 shares, a decline of 15.9% from the February 12th total of 15,318 shares. Based on an average trading volume of 45,292 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 45,292 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On iShares CMBS ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. Syon Capital LLC lifted its stake in shares of iShares CMBS ETF by 8.9% during the 4th quarter. Syon Capital LLC now owns 633,847 shares of the company’s stock worth $31,109,000 after purchasing an additional 51,917 shares during the last quarter. UBS Group AG grew its stake in iShares CMBS ETF by 23.7% in the fourth quarter. UBS Group AG now owns 541,908 shares of the company’s stock valued at $26,597,000 after purchasing an additional 103,731 shares during the last quarter. AE Wealth Management LLC raised its holdings 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 worth $24,076,000 after purchasing an additional 59,023 shares in the last quarter. LPL Financial LLC raised its holdings in iShares CMBS ETF by 39.4% in the fourth quarter. LPL Financial LLC now owns 418,164 shares of the company’s stock worth $20,523,000 after purchasing an additional 118,291 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of iShares CMBS ETF by 1.9% during the third quarter. Bank of America Corp DE now owns 303,583 shares of the company’s stock valued at $14,897,000 after buying an additional 5,785 shares during the last quarter.
iShares CMBS ETF Stock Down 0.1%
Shares of NYSEARCA CMBS traded down $0.07 during trading hours on Wednesday, reaching $49.10. The stock had a trading volume of 356 shares, compared to its average volume of 51,822. The business’s fifty day moving average price is $49.28 and its two-hundred day moving average price is $49.17. iShares CMBS ETF has a 52-week low of $47.45 and a 52-week high of $50.09.
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.
Further Reading
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