Dynamic Wealth Strategies LLC Sells 6,684 Shares of iShares Residential and Multisector Real Estate ETF $REZ

Dynamic Wealth Strategies LLC reduced its holdings in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 91.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 588 shares of the company’s stock after selling 6,684 shares during the period. Dynamic Wealth Strategies LLC’s holdings in iShares Residential and Multisector Real Estate ETF were worth $49,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 570.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,710 shares of the company’s stock valued at $1,420,000 after acquiring an additional 14,217 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 4th quarter valued at about $533,000. Leavell Investment Management Inc. boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 40.3% during the 3rd quarter. Leavell Investment Management Inc. now owns 17,380 shares of the company’s stock valued at $1,477,000 after acquiring an additional 4,996 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 1.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 174,781 shares of the company’s stock valued at $14,419,000 after acquiring an additional 2,473 shares in the last quarter. Finally, Lederer & Associates Investment Counsel CA boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 190.7% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock valued at $571,000 after acquiring an additional 4,530 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Performance

Shares of iShares Residential and Multisector Real Estate ETF stock opened at $91.17 on Monday. The firm’s 50-day simple moving average is $87.17 and its 200-day simple moving average is $85.54. iShares Residential and Multisector Real Estate ETF has a twelve month low of $80.45 and a twelve month high of $91.80. The firm has a market cap of $852.44 million, a P/E ratio of 43.88 and a beta of 0.86.

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.