Citadel Advisors LLC Sells 42,043 Shares of iShares CMBS ETF $CMBS

Citadel Advisors LLC lessened its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 52.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 37,816 shares of the company’s stock after selling 42,043 shares during the quarter. Citadel Advisors LLC’s holdings in iShares CMBS ETF were worth $1,840,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. purchased a new position in iShares CMBS ETF during the fourth quarter worth $42,000. Rogco LP bought a new stake in shares of iShares CMBS ETF in the 2nd quarter worth about $43,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares CMBS ETF in the 3rd quarter worth about $49,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares CMBS ETF by 3.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after acquiring an additional 214 shares during the last quarter. Finally, Visionary Wealth Advisors purchased a new position in shares of iShares CMBS ETF during the 2nd quarter worth about $345,000.

iShares CMBS ETF Price Performance

iShares CMBS ETF stock opened at $48.04 on Thursday. iShares CMBS ETF has a 1-year low of $47.93 and a 1-year high of $49.89. The company’s 50-day moving average is $48.32 and its 200 day moving average is $48.63.

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.