iShares Residential and Multisector Real Estate ETF $REZ Shares Newly Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC purchased a new position in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,545 shares of the company’s stock, valued at approximately $1,285,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Planning Group LLC grew its position in shares of iShares Residential and Multisector Real Estate ETF by 15.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 200,966 shares of the company’s stock valued at $18,057,000 after buying an additional 26,185 shares during the last quarter. Congress Asset Management Co. acquired a new stake in iShares Residential and Multisector Real Estate ETF during the third quarter worth about $1,204,000. CX Institutional bought a new position in iShares Residential and Multisector Real Estate ETF in the third quarter worth about $1,110,000. Farther Finance Advisors LLC bought a new position in iShares Residential and Multisector Real Estate ETF in the third quarter worth about $511,000. Finally, RVW Wealth LLC bought a new position in iShares Residential and Multisector Real Estate ETF in the third quarter worth about $285,000.

iShares Residential and Multisector Real Estate ETF Stock Up 0.5%

Shares of REZ stock opened at $89.81 on Friday. The business has a 50 day moving average of $91.71 and a two-hundred day moving average of $91.78. iShares Residential and Multisector Real Estate ETF has a 52 week low of $80.86 and a 52 week high of $100.43. The company has a market cap of $799.31 million, a P/E ratio of 43.88 and a beta of 0.82.

iShares Residential and Multisector Real Estate ETF 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.