iShares CMBS ETF (NYSEARCA:CMBS) Stock Position Reduced by Pathstone Holdings LLC

Pathstone Holdings LLC cut its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 54.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 329,506 shares of the company’s stock after selling 394,714 shares during the period. Pathstone Holdings LLC owned about 3.74% of iShares CMBS ETF worth $15,554,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. grew its position in iShares CMBS ETF by 65.2% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock valued at $50,000 after purchasing an additional 420 shares in the last quarter. Columbus Macro LLC grew its position in iShares CMBS ETF by 3.9% in the fourth quarter. Columbus Macro LLC now owns 11,853 shares of the company’s stock worth $559,000 after acquiring an additional 444 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in iShares CMBS ETF in the fourth quarter worth approximately $28,000. First Trust Advisors LP grew its position in iShares CMBS ETF by 1.9% in the fourth quarter. First Trust Advisors LP now owns 39,920 shares of the company’s stock worth $1,884,000 after acquiring an additional 730 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in iShares CMBS ETF by 8.4% in the fourth quarter. Jones Financial Companies Lllp now owns 10,819 shares of the company’s stock worth $511,000 after acquiring an additional 836 shares in the last quarter.

iShares CMBS ETF Price Performance

CMBS stock opened at $47.86 on Thursday. iShares CMBS ETF has a 12 month low of $46.02 and a 12 month high of $49.18. The firm has a 50 day moving average of $47.98 and a two-hundred day moving average of $47.67.

iShares CMBS ETF 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.