Cogent Private Wealth Inc. Invests $695,000 in iShares CMBS ETF $CMBS

Cogent Private Wealth Inc. bought a new position in shares of iShares CMBS ETF (NYSEARCA:CMBSFree Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 14,152 shares of the company’s stock, valued at approximately $695,000. Cogent Private Wealth Inc. owned about 0.14% of iShares CMBS ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ethos Capital Management Inc. bought a new stake in iShares CMBS ETF in the fourth quarter valued at about $1,663,000. Syon Capital LLC bought a new stake in iShares CMBS ETF in the third quarter valued at about $28,555,000. UBS Group AG increased its holdings in iShares CMBS ETF by 23.7% in the fourth quarter. UBS Group AG now owns 541,908 shares of the company’s stock valued at $26,597,000 after buying an additional 103,731 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in iShares CMBS ETF in the third quarter valued at about $750,000. Finally, AE Wealth Management LLC increased its holdings in iShares CMBS ETF by 13.7% in the fourth quarter. AE Wealth Management LLC now owns 490,546 shares of the company’s stock valued at $24,076,000 after buying an additional 59,023 shares during the last quarter.

iShares CMBS ETF Price Performance

Shares of iShares CMBS ETF stock opened at $48.48 on Tuesday. iShares CMBS ETF has a fifty-two week low of $47.82 and a fifty-two week high of $50.09. The business has a 50-day moving average price of $48.71 and a 200 day moving average price of $49.03.

iShares CMBS ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares CMBS ETF (NYSEARCA:CMBS)

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