Creative Financial Designs Inc. ADV Takes $787,000 Position in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Creative Financial Designs Inc. ADV acquired a new stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) in the 4th quarter, Holdings Channel reports. The firm acquired 9,712 shares of the company’s stock, valued at approximately $787,000.

Several other hedge funds also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 44.3% in the third quarter. JPMorgan Chase & Co. now owns 730 shares of the company’s stock valued at $65,000 after acquiring an additional 224 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the fourth quarter valued at approximately $45,000. Janney Montgomery Scott LLC boosted 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 valued at $313,000 after acquiring an additional 952 shares during the period. Jones Financial Companies Lllp lifted its position in iShares Residential and Multisector Real Estate ETF by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 4,941 shares of the company’s stock worth $400,000 after purchasing an additional 1,424 shares during the period. Finally, Arkansas Financial Group Inc. lifted its position in iShares Residential and Multisector Real Estate ETF by 8.8% in the fourth 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 during the period.

iShares Residential and Multisector Real Estate ETF Price Performance

Shares of REZ stock opened at $85.13 on Wednesday. The stock has a market cap of $851.30 million, a P/E ratio of 38.52 and a beta of 1.00. iShares Residential and Multisector Real Estate ETF has a one year low of $67.99 and a one year high of $91.64. The stock has a fifty day moving average price of $83.30 and a 200 day moving average price of $85.15.

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.