Syon Capital LLC Has $20 Million Stake in iShares CMBS ETF $CMBS

Syon Capital LLC reduced its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 22.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 411,146 shares of the company’s stock after selling 116,510 shares during the quarter. iShares CMBS ETF accounts for approximately 0.9% of Syon Capital LLC’s investment portfolio, making the stock its 24th biggest holding. Syon Capital LLC owned approximately 4.20% of iShares CMBS ETF worth $20,002,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in CMBS. 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 shares of iShares CMBS ETF in the 3rd quarter valued at about $49,000. Wealthcare Advisory Partners LLC raised its holdings in shares of iShares CMBS ETF by 3.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock valued at $315,000 after purchasing an additional 214 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares CMBS ETF by 40.0% in the 2nd 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 last quarter. Finally, Visionary Wealth Advisors acquired a new stake in iShares CMBS ETF in the 2nd quarter valued at about $345,000.

iShares CMBS ETF Trading Up 0.1%

iShares CMBS ETF stock opened at $48.08 on Friday. The stock has a 50-day simple moving average of $48.36 and a 200 day simple moving average of $48.67. iShares CMBS ETF has a 52 week low of $47.93 and a 52 week 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.