iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Shares Purchased by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. increased its stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 8.8% during the fourth quarter, HoldingsChannel reports. The firm owned 29,598 shares of the company’s stock after acquiring an additional 2,391 shares during the period. Arkansas Financial Group Inc.’s holdings in iShares Residential and Multisector Real Estate ETF were worth $2,398,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of REZ. JPMorgan Chase & Co. boosted its holdings in iShares Residential and Multisector Real Estate ETF by 44.3% during 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. Lederer & Associates Investment Counsel CA acquired a new position in iShares Residential and Multisector Real Estate ETF during the 3rd quarter worth about $211,000. Janney Montgomery Scott LLC increased its stake in shares of iShares Residential and Multisector Real Estate ETF by 32.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,857 shares of the company’s stock valued at $313,000 after buying an additional 952 shares during the period. Burns Matteson Capital Management LLC lifted its holdings in iShares Residential and Multisector Real Estate ETF by 31.0% in the third quarter. Burns Matteson Capital Management LLC now owns 17,563 shares of the company’s stock valued at $1,560,000 after buying an additional 4,154 shares during the period. Finally, Cornerstone Planning Group LLC increased its stake in shares of iShares Residential and Multisector Real Estate ETF by 5.1% in the 3rd quarter. Cornerstone Planning Group LLC now owns 135,951 shares of the company’s stock valued at $11,829,000 after acquiring an additional 6,632 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Performance

Shares of REZ opened at $80.42 on Friday. The stock has a 50 day simple moving average of $83.18 and a 200 day simple moving average of $84.39. The firm has a market capitalization of $691.61 million, a PE ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a 52-week low of $66.85 and a 52-week high of $91.64.

About iShares Residential and Multisector Real Estate ETF

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.