Janney Montgomery Scott LLC Boosts Stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Janney Montgomery Scott LLC lifted its holdings in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 32.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,857 shares of the company’s stock after purchasing an additional 952 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Residential and Multisector Real Estate ETF were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Lederer & Associates Investment Counsel CA acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the third quarter valued at about $211,000. Cornerstone Planning Group LLC boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 5.1% during the 3rd quarter. Cornerstone Planning Group LLC now owns 135,951 shares of the company’s stock worth $11,829,000 after purchasing an additional 6,632 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in iShares Residential and Multisector Real Estate ETF by 44.3% in the 3rd 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 Stock Up 0.0 %

Shares of NYSEARCA REZ opened at $83.12 on Wednesday. The business’s 50 day moving average is $81.74 and its two-hundred day moving average is $84.76. iShares Residential and Multisector Real Estate ETF has a 52-week low of $66.85 and a 52-week high of $91.64. The firm has a market cap of $714.83 million, a price-to-earnings ratio of 25.27 and a beta of 0.87.

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.