Tidal Investments LLC Purchases 11,924 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Tidal Investments LLC grew its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 72.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 28,470 shares of the company’s stock after acquiring an additional 11,924 shares during the quarter. Tidal Investments LLC owned about 0.32% of iShares CMBS ETF worth $1,389,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Redhawk Wealth Advisors Inc. bought a new stake in iShares CMBS ETF during the third quarter worth approximately $11,158,000. State of New Jersey Common Pension Fund D increased its position in shares of iShares CMBS ETF by 40.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 521,932 shares of the company’s stock valued at $25,538,000 after purchasing an additional 150,000 shares during the last quarter. TIAA Trust National Association raised its holdings in iShares CMBS ETF by 64.3% during the 2nd quarter. TIAA Trust National Association now owns 168,601 shares of the company’s stock valued at $7,916,000 after buying an additional 65,987 shares during the period. HighTower Advisors LLC bought a new stake in iShares CMBS ETF in the third quarter worth $3,086,000. Finally, AE Wealth Management LLC boosted its stake in iShares CMBS ETF by 16.5% during the second quarter. AE Wealth Management LLC now owns 330,697 shares of the company’s stock worth $15,526,000 after buying an additional 46,856 shares during the period.

iShares CMBS ETF Price Performance

Shares of CMBS opened at $47.13 on Thursday. The company’s fifty day simple moving average is $47.58 and its 200-day simple moving average is $47.66. iShares CMBS ETF has a twelve month low of $45.76 and a twelve month high of $49.17.

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.