Palogic Value Management L.P. Increases Holdings in iShares CMBS ETF (NYSEARCA:CMBS)

Palogic Value Management L.P. lifted its position in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 14.0% in the 4th quarter, Holdings Channel reports. The fund owned 23,138 shares of the company’s stock after buying an additional 2,849 shares during the quarter. Palogic Value Management L.P.’s holdings in iShares CMBS ETF were worth $1,092,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its stake in shares of iShares CMBS ETF by 2.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 30,906 shares of the company’s stock worth $1,459,000 after acquiring an additional 871 shares during the period. HighTower Advisors LLC grew its stake in shares of iShares CMBS ETF by 15.5% during the 4th quarter. HighTower Advisors LLC now owns 72,940 shares of the company’s stock worth $3,443,000 after acquiring an additional 9,782 shares during the period. Tortoise Investment Management LLC grew its stake in shares of iShares CMBS ETF by 1.1% during the 4th quarter. Tortoise Investment Management LLC now owns 344,554 shares of the company’s stock worth $16,263,000 after acquiring an additional 3,832 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares CMBS ETF during the 4th quarter worth $2,629,000. Finally, Cullen Frost Bankers Inc. grew its stake in shares of iShares CMBS ETF by 70.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 5,581 shares of the company’s stock worth $263,000 after acquiring an additional 2,301 shares during the period.

iShares CMBS ETF Stock Performance

Shares of NYSEARCA CMBS opened at $48.00 on Friday. iShares CMBS ETF has a 52 week low of $45.76 and a 52 week high of $49.18. The business has a 50-day simple moving average of $47.68 and a two-hundred day simple moving average of $47.76.

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.