Arvest Investments Inc. Sells 2,834 Shares of iShares CMBS ETF $CMBS

Arvest Investments Inc. lessened its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 442,161 shares of the company’s stock after selling 2,834 shares during the quarter. iShares CMBS ETF comprises approximately 3.2% of Arvest Investments Inc.’s portfolio, making the stock its 6th largest position. Arvest Investments Inc. owned about 4.81% of iShares CMBS ETF worth $21,542,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in iShares CMBS ETF by 4,842.6% in the first quarter. Jones Financial Companies Lllp now owns 534,735 shares of the company’s stock valued at $25,667,000 after purchasing an additional 523,916 shares during the period. Horizon Financial Services LLC raised its position in iShares CMBS ETF by 4,760.5% in the first quarter. Horizon Financial Services LLC now owns 266,016 shares of the company’s stock valued at $12,769,000 after purchasing an additional 260,543 shares during the period. Hancock Whitney Corp purchased a new stake in iShares CMBS ETF in the first quarter valued at approximately $10,517,000. LPL Financial LLC raised its position in iShares CMBS ETF by 177.5% in the first quarter. LPL Financial LLC now owns 204,474 shares of the company’s stock valued at $9,815,000 after purchasing an additional 130,786 shares during the period. Finally, Systelligence LLC purchased a new stake in iShares CMBS ETF in the first quarter valued at approximately $5,914,000.

iShares CMBS ETF Price Performance

Shares of NYSEARCA CMBS opened at $49.25 on Friday. iShares CMBS ETF has a 52-week low of $46.74 and a 52-week high of $50.09. The business’s 50 day moving average is $48.69 and its two-hundred day moving average is $48.30.

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.