IFP Advisors Inc Has $130,000 Stake in iShares CMBS ETF (NYSEARCA:CMBS)

IFP Advisors Inc raised its position in iShares CMBS ETF (NYSEARCA:CMBS) by 572.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,762 shares of the company’s stock after acquiring an additional 2,351 shares during the quarter. IFP Advisors Inc’s holdings in iShares CMBS ETF were worth $130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new position in shares of iShares CMBS ETF in the third quarter worth $78,000. State of New Jersey Common Pension Fund D increased its holdings in iShares CMBS ETF by 40.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 521,932 shares of the company’s stock valued at $25,538,000 after buying an additional 150,000 shares during the period. City Center Advisors LLC acquired a new position in shares of iShares CMBS ETF in the 4th quarter valued at approximately $223,000. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares CMBS ETF by 16.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 15,097 shares of the company’s stock worth $713,000 after acquiring an additional 2,168 shares during the period. Finally, HighTower Advisors LLC acquired a new stake in shares of iShares CMBS ETF during the 3rd quarter worth approximately $3,086,000.

iShares CMBS ETF Stock Up 0.0 %

NYSEARCA:CMBS opened at $48.13 on Wednesday. iShares CMBS ETF has a twelve month low of $45.76 and a twelve month high of $49.17. The stock’s 50-day simple moving average is $47.52 and its 200 day simple moving average is $47.78.

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.