Cornerstone Planning Group LLC Boosts Stock Position in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Cornerstone Planning Group LLC grew its stake in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,362 shares of the company’s stock after buying an additional 5,411 shares during the period. iShares Residential and Multisector Real Estate ETF accounts for 2.9% of Cornerstone Planning Group LLC’s portfolio, making the stock its 11th biggest holding. Cornerstone Planning Group LLC’s holdings in iShares Residential and Multisector Real Estate ETF were worth $11,736,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new position in shares of iShares Residential and Multisector Real Estate ETF during the 4th quarter valued at about $45,000. JPMorgan Chase & Co. lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 44.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 730 shares of the company’s stock valued at $65,000 after buying an additional 224 shares in the last quarter. Lederer & Associates Investment Counsel CA purchased a new position in shares of iShares Residential and Multisector Real Estate ETF during the 3rd quarter valued at about $211,000. Janney Montgomery Scott LLC lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 32.8% during 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 in the last quarter. Finally, Arkansas Financial Group Inc. lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 8.8% during the 4th quarter. Arkansas Financial Group Inc. now owns 29,598 shares of the company’s stock valued at $2,398,000 after buying an additional 2,391 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Down 0.3 %

REZ stock opened at $83.23 on Monday. The business’s 50-day moving average price is $81.90 and its 200-day moving average price is $84.71. iShares Residential and Multisector Real Estate ETF has a twelve month low of $66.85 and a twelve month high of $91.64. The stock has a market cap of $715.78 million, a P/E ratio of 25.27 and a beta of 0.87.

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.