iShares CMBS ETF (NYSEARCA:CMBS) Stake Lessened by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in iShares CMBS ETF (NYSEARCA:CMBSGet Rating) by 30.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,533 shares of the company’s stock after selling 11,088 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares CMBS ETF were worth $1,228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CMBS. Tortoise Investment Management LLC lifted its stake in iShares CMBS ETF by 3.3% during the second quarter. Tortoise Investment Management LLC now owns 348,189 shares of the company’s stock valued at $16,751,000 after purchasing an additional 11,152 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in iShares CMBS ETF by 1.5% during the second quarter. Avantax Advisory Services Inc. now owns 15,354 shares of the company’s stock valued at $739,000 after purchasing an additional 227 shares during the last quarter. KCS Wealth Advisory lifted its position in shares of iShares CMBS ETF by 584.1% in the 2nd quarter. KCS Wealth Advisory now owns 46,119 shares of the company’s stock valued at $2,219,000 after acquiring an additional 39,377 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares CMBS ETF by 12.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 22,123 shares of the company’s stock valued at $1,064,000 after acquiring an additional 2,408 shares in the last quarter. Finally, Willis Johnson & Associates Inc. lifted its position in shares of iShares CMBS ETF by 3.9% in the 2nd quarter. Willis Johnson & Associates Inc. now owns 16,985 shares of the company’s stock valued at $817,000 after acquiring an additional 638 shares in the last quarter.

iShares CMBS ETF Stock Performance

Shares of NYSEARCA:CMBS opened at $45.65 on Wednesday. iShares CMBS ETF has a 52 week low of $44.35 and a 52 week high of $53.96. The firm has a 50 day simple moving average of $45.59 and a 200 day simple moving average of $47.20.

Further Reading

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

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