Heck Capital Advisors LLC cut its holdings in iShares CMBS ETF (NYSEARCA:CMBS – Free Report) by 46.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,764 shares of the company’s stock after selling 10,927 shares during the period. Heck Capital Advisors LLC’s holdings in iShares CMBS ETF were worth $621,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. bought a new position in shares of iShares CMBS ETF in the 4th quarter valued at about $42,000. Aptus Capital Advisors LLC bought a new stake in iShares CMBS ETF during the third quarter worth approximately $49,000. Wealth Enhancement Advisory Services LLC bought a new stake in iShares CMBS ETF during the fourth quarter worth approximately $246,000. Wealthcare Advisory Partners LLC increased its stake in iShares CMBS ETF by 3.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after acquiring an additional 214 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares CMBS ETF by 40.0% during the second quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock valued at $345,000 after purchasing an additional 2,025 shares during the period.
iShares CMBS ETF Stock Down 0.3%
NYSEARCA:CMBS opened at $48.19 on Wednesday. iShares CMBS ETF has a 1 year low of $47.99 and a 1 year high of $50.09. The business has a 50 day simple moving average of $48.44 and a 200-day simple moving average of $48.78.
iShares CMBS ETF 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.
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