Prepared Retirement Institute LLC Has $11.96 Million Holdings in iShares CMBS ETF $CMBS

Prepared Retirement Institute LLC raised its holdings in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 55.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,784 shares of the company’s stock after acquiring an additional 87,382 shares during the quarter. iShares CMBS ETF makes up about 6.2% of Prepared Retirement Institute LLC’s investment portfolio, making the stock its 5th biggest position. Prepared Retirement Institute LLC owned about 2.34% of iShares CMBS ETF worth $11,962,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CMBS. Comerica Bank raised its stake in iShares CMBS ETF by 3.3% during the 1st quarter. Comerica Bank now owns 13,205 shares of the company’s stock valued at $634,000 after purchasing an additional 418 shares during the period. Jones Financial Companies Lllp raised its position in shares of iShares CMBS ETF by 4,842.6% during the first quarter. Jones Financial Companies Lllp now owns 534,735 shares of the company’s stock valued at $25,667,000 after buying an additional 523,916 shares during the last quarter. Coppell Advisory Solutions LLC raised its position in shares of iShares CMBS ETF by 17,117.0% during the first quarter. Coppell Advisory Solutions LLC now owns 28,408 shares of the company’s stock valued at $1,364,000 after buying an additional 28,243 shares during the last quarter. Palogic Value Management L.P. lifted its holdings in shares of iShares CMBS ETF by 3.0% in the first quarter. Palogic Value Management L.P. now owns 23,830 shares of the company’s stock worth $1,144,000 after buying an additional 692 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of iShares CMBS ETF by 19.2% during the first quarter. Jane Street Group LLC now owns 35,391 shares of the company’s stock worth $1,699,000 after acquiring an additional 5,692 shares during the last quarter.

iShares CMBS ETF Stock Up 0.1%

CMBS opened at $49.15 on Friday. The company has a fifty day moving average of $49.10 and a 200 day moving average of $48.91. iShares CMBS ETF has a fifty-two week low of $46.95 and a fifty-two week 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.