Van ECK Associates Corp Has $6.48 Million Holdings in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Van ECK Associates Corp raised its holdings in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,028 shares of the company’s stock after buying an additional 15,796 shares during the quarter. Van ECK Associates Corp owned 0.93% of iShares Residential and Multisector Real Estate ETF worth $6,484,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of REZ. Cornerstone Planning Group LLC boosted its position in iShares Residential and Multisector Real Estate ETF by 4.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 141,362 shares of the company’s stock worth $11,736,000 after purchasing an additional 5,411 shares during the last quarter. Arkansas Financial Group Inc. lifted its stake in iShares Residential and Multisector Real Estate ETF by 8.8% in the 4th quarter. Arkansas Financial Group Inc. now owns 29,598 shares of the company’s stock worth $2,398,000 after purchasing an additional 2,391 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Residential and Multisector Real Estate ETF by 32.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,857 shares of the company’s stock worth $313,000 after buying an additional 952 shares in the last quarter. Lederer & Associates Investment Counsel CA bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 3rd quarter valued at about $211,000. Finally, JPMorgan Chase & Co. lifted its position in iShares Residential and Multisector Real Estate ETF by 44.3% during the third quarter. JPMorgan Chase & Co. now owns 730 shares of the company’s stock valued at $65,000 after purchasing an additional 224 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Trading Down 0.5 %

Shares of NYSEARCA REZ opened at $84.05 on Tuesday. The stock’s 50-day moving average is $81.58 and its 200 day moving average is $84.86. The stock has a market cap of $722.83 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a 1-year low of $67.99 and a 1-year high of $91.64.

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.