Syon Capital LLC Buys 51,917 Shares of iShares CMBS ETF $CMBS

Syon Capital LLC increased its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 8.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 633,847 shares of the company’s stock after acquiring an additional 51,917 shares during the quarter. iShares CMBS ETF accounts for approximately 1.5% of Syon Capital LLC’s portfolio, making the stock its 13th largest position. Syon Capital LLC owned approximately 0.06% of iShares CMBS ETF worth $31,109,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. UBS Group AG increased its stake in shares of iShares CMBS ETF by 23.7% in the 4th quarter. UBS Group AG now owns 541,908 shares of the company’s stock valued at $26,597,000 after acquiring an additional 103,731 shares in the last quarter. AE Wealth Management LLC grew its position in iShares CMBS ETF by 13.7% in the 4th quarter. AE Wealth Management LLC now owns 490,546 shares of the company’s stock valued at $24,076,000 after purchasing an additional 59,023 shares during the period. Bank of America Corp DE grew its position in iShares CMBS ETF by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 303,583 shares of the company’s stock valued at $14,897,000 after purchasing an additional 5,785 shares during the period. Hancock Whitney Corp grew its position in iShares CMBS ETF by 1.6% in the 3rd quarter. Hancock Whitney Corp now owns 256,960 shares of the company’s stock valued at $12,609,000 after purchasing an additional 3,958 shares during the period. Finally, Prudential PLC acquired a new stake in iShares CMBS ETF in the 4th quarter valued at $9,541,000.

iShares CMBS ETF Price Performance

NYSEARCA CMBS opened at $48.47 on Friday. The company has a fifty day simple moving average of $48.69 and a 200 day simple moving average of $49.02. iShares CMBS ETF has a 12-month low of $47.82 and a 12-month high of $50.09.

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.