11,015 Shares in iShares CMBS ETF (NYSEARCA:CMBS) Bought by PKS Advisory Services LLC

PKS Advisory Services LLC purchased a new stake in iShares CMBS ETF (NYSEARCA:CMBS) during the 4th quarter, Holdings Channel.com reports. The firm purchased 11,015 shares of the company’s stock, valued at approximately $520,000.

A number of other institutional investors also recently modified their holdings of CMBS. LPL Financial LLC grew its holdings in shares of iShares CMBS ETF by 25.7% during the fourth quarter. LPL Financial LLC now owns 73,688 shares of the company’s stock worth $3,478,000 after buying an additional 15,076 shares in the last quarter. Palogic Value Management L.P. raised its holdings in shares of iShares CMBS ETF by 14.0% in the fourth quarter. Palogic Value Management L.P. now owns 23,138 shares of the company’s stock valued at $1,092,000 after purchasing an additional 2,849 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of iShares CMBS ETF by 2.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 30,906 shares of the company’s stock valued at $1,459,000 after purchasing an additional 871 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of iShares CMBS ETF by 15.5% in the fourth quarter. HighTower Advisors LLC now owns 72,940 shares of the company’s stock worth $3,443,000 after purchasing an additional 9,782 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its holdings in iShares CMBS ETF by 1.1% during the fourth quarter. Tortoise Investment Management LLC now owns 344,554 shares of the company’s stock worth $16,263,000 after purchasing an additional 3,832 shares during the last quarter.

iShares CMBS ETF Trading Down 0.4 %

Shares of CMBS stock opened at $47.88 on Wednesday. The firm’s fifty day moving average price is $47.73 and its two-hundred day moving average price is $47.75. iShares CMBS ETF has a 1 year low of $45.76 and a 1 year high of $49.18.

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.