MidAtlantic Capital Management Inc. Boosts Position in iShares CMBS ETF (NYSEARCA:CMBS)

MidAtlantic Capital Management Inc. raised its position in iShares CMBS ETF (NYSEARCA:CMBS) by 65.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,064 shares of the company’s stock after acquiring an additional 420 shares during the quarter. MidAtlantic Capital Management Inc.’s holdings in iShares CMBS ETF were worth $50,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. State of New Jersey Common Pension Fund D grew its stake in iShares CMBS ETF by 40.3% in 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 acquiring an additional 150,000 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of iShares CMBS ETF in the third quarter valued at about $3,086,000. Ocean Park Asset Management LLC acquired a new stake in shares of iShares CMBS ETF in the fourth quarter valued at approximately $2,199,000. U.S. Capital Wealth Advisors LLC purchased a new position in shares of iShares CMBS ETF during the 4th quarter worth approximately $2,148,000. Finally, Goldstone Financial Group LLC acquired a new position in shares of iShares CMBS ETF during the 3rd quarter worth approximately $1,156,000.

iShares CMBS ETF Stock Up 0.1 %

CMBS stock opened at $47.34 on Friday. The stock’s 50 day moving average price is $47.45 and its 200 day moving average price is $47.79. iShares CMBS ETF has a 1 year low of $45.76 and a 1 year high of $49.17.

iShares CMBS ETF Company 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.