Kendall Capital Management Sells 1,163 Shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Kendall Capital Management decreased its holdings in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 10.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,576 shares of the company’s stock after selling 1,163 shares during the period. Kendall Capital Management owned 0.11% of iShares Residential and Multisector Real Estate ETF worth $737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Franklin Parlapiano Turner & Welch LLC grew its stake in iShares Residential and Multisector Real Estate ETF by 3.6% in the 1st quarter. Franklin Parlapiano Turner & Welch LLC now owns 459,056 shares of the company’s stock valued at $33,084,000 after buying an additional 15,972 shares in the last quarter. Cornerstone Planning Group LLC raised its stake in shares of iShares Residential and Multisector Real Estate ETF by 11.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 119,697 shares of the company’s stock valued at $8,623,000 after purchasing an additional 12,484 shares during the period. Van ECK Associates Corp raised its stake in shares of iShares Residential and Multisector Real Estate ETF by 92.3% during the 2nd quarter. Van ECK Associates Corp now owns 64,478 shares of the company’s stock valued at $4,964,000 after purchasing an additional 30,942 shares during the period. Partners Capital Investment Group LLP lifted its holdings in iShares Residential and Multisector Real Estate ETF by 2.1% during the 4th quarter. Partners Capital Investment Group LLP now owns 57,980 shares of the company’s stock worth $4,263,000 after purchasing an additional 1,166 shares in the last quarter. Finally, Arkansas Financial Group Inc. boosted its stake in iShares Residential and Multisector Real Estate ETF by 1.0% in the 1st quarter. Arkansas Financial Group Inc. now owns 22,510 shares of the company’s stock worth $1,622,000 after purchasing an additional 233 shares during the period.

iShares Residential and Multisector Real Estate ETF Stock Up 0.0 %

Shares of REZ opened at $90.23 on Thursday. iShares Residential and Multisector Real Estate ETF has a twelve month low of $60.64 and a twelve month high of $91.64. The stock has a market cap of $775.98 million, a PE ratio of 25.27 and a beta of 0.87. The business’s 50-day moving average price is $83.56 and its 200-day moving average price is $76.62.

iShares Residential and Multisector Real Estate ETF Company 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.