Palogic Value Management L.P. Buys 2,849 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Palogic Value Management L.P. increased its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,138 shares of the company’s stock after purchasing an additional 2,849 shares during the period. Palogic Value Management L.P. owned approximately 0.25% of iShares CMBS ETF worth $1,092,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Tortoise Investment Management LLC increased its position in shares of iShares CMBS ETF by 1.1% in the fourth quarter. Tortoise Investment Management LLC now owns 344,554 shares of the company’s stock worth $16,263,000 after purchasing an additional 3,832 shares during the period. Central Bank & Trust Co. increased its position in shares of iShares CMBS ETF by 5.4% in the fourth quarter. Central Bank & Trust Co. now owns 207,701 shares of the company’s stock worth $9,803,000 after purchasing an additional 10,585 shares during the period. Krilogy Financial LLC increased its position in shares of iShares CMBS ETF by 5.0% in the fourth quarter. Krilogy Financial LLC now owns 136,770 shares of the company’s stock worth $6,456,000 after purchasing an additional 6,480 shares during the period. HighTower Advisors LLC increased its position in shares of iShares CMBS ETF by 15.5% in the fourth quarter. HighTower Advisors LLC now owns 72,940 shares of the company’s stock worth $3,443,000 after purchasing an additional 9,782 shares during the period. Finally, Jane Street Group LLC increased its position in shares of iShares CMBS ETF by 43.4% in the third quarter. Jane Street Group LLC now owns 59,969 shares of the company’s stock worth $2,934,000 after purchasing an additional 18,161 shares during the period.

iShares CMBS ETF Trading Up 0.3 %

iShares CMBS ETF stock opened at $48.00 on Friday. iShares CMBS ETF has a 12-month low of $45.76 and a 12-month high of $49.18. The business’s 50-day moving average price is $47.68 and its two-hundred day moving average price is $47.76.

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.