Insight Wealth Partners LLC Decreases Position in iShares CMBS ETF $CMBS

Insight Wealth Partners LLC decreased its holdings in iShares CMBS ETF (NYSEARCA:CMBS) by 25.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,683 shares of the company’s stock after selling 18,170 shares during the quarter. Insight Wealth Partners LLC owned about 0.54% of iShares CMBS ETF worth $2,563,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in iShares CMBS ETF by 19.2% in the first quarter. Jane Street Group LLC now owns 35,391 shares of the company’s stock valued at $1,699,000 after buying an additional 5,692 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares CMBS ETF by 40.0% during the second quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock valued at $345,000 after acquiring an additional 2,025 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of iShares CMBS ETF by 2.4% during the second quarter. First Trust Advisors LP now owns 39,444 shares of the company’s stock valued at $1,922,000 after acquiring an additional 917 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares CMBS ETF by 46.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 54,302 shares of the company’s stock valued at $2,649,000 after purchasing an additional 17,257 shares during the last quarter. Finally, Visionary Wealth Advisors acquired a new stake in iShares CMBS ETF in the 2nd quarter worth approximately $345,000.

iShares CMBS ETF Price Performance

NYSEARCA:CMBS opened at $48.00 on Wednesday. iShares CMBS ETF has a twelve month low of $47.93 and a twelve month high of $50.09. The company’s 50 day moving average is $48.33 and its two-hundred day moving average is $48.64.

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.