iShares Residential and Multisector Real Estate ETF $REZ Shares Sold by AXS Investments LLC

AXS Investments LLC cut its holdings in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 33.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,191 shares of the company’s stock after selling 24,298 shares during the quarter. iShares Residential and Multisector Real Estate ETF comprises 1.9% of AXS Investments LLC’s investment portfolio, making the stock its 11th biggest position. AXS Investments LLC’s holdings in iShares Residential and Multisector Real Estate ETF were worth $3,983,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC boosted its holdings in iShares Residential and Multisector Real Estate ETF by 19.3% in the 4th quarter. Sound Income Strategies LLC now owns 2,331 shares of the company’s stock valued at $201,000 after purchasing an additional 377 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at about $533,000. Jones Financial Companies Lllp boosted its holdings in iShares Residential and Multisector Real Estate ETF by 15.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,700 shares of the company’s stock valued at $563,000 after purchasing an additional 874 shares during the last quarter. Lederer & Associates Investment Counsel CA boosted its holdings in iShares Residential and Multisector Real Estate ETF by 190.7% in the 4th quarter. Lederer & Associates Investment Counsel CA now owns 6,905 shares of the company’s stock valued at $571,000 after purchasing an additional 4,530 shares during the last quarter. Finally, Kendall Capital Management boosted its holdings in iShares Residential and Multisector Real Estate ETF by 1.4% in the 3rd quarter. Kendall Capital Management now owns 10,829 shares of the company’s stock valued at $920,000 after purchasing an additional 146 shares during the last quarter.

iShares Residential and Multisector Real Estate ETF Price Performance

NYSEARCA:REZ opened at $89.75 on Friday. The firm has a market capitalization of $839.16 million, a price-to-earnings ratio of 43.88 and a beta of 0.86. The company’s 50-day moving average is $88.06 and its two-hundred day moving average is $86.40. iShares Residential and Multisector Real Estate ETF has a 1-year low of $80.45 and a 1-year high of $92.64.

iShares Residential and Multisector Real Estate ETF Profile

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.