Arvest Investments Inc. Has $21.62 Million Stock Position in iShares CMBS ETF (NYSEARCA:CMBS)

Arvest Investments Inc. increased its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 0.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 441,921 shares of the company’s stock after acquiring an additional 3,919 shares during the period. iShares CMBS ETF comprises 3.3% of Arvest Investments Inc.’s investment portfolio, making the stock its 7th biggest position. Arvest Investments Inc. owned approximately 0.05% of iShares CMBS ETF worth $21,623,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. State of New Jersey Common Pension Fund D raised its position in shares of iShares CMBS ETF by 40.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 521,932 shares of the company’s stock valued at $25,538,000 after acquiring an additional 150,000 shares during the last quarter. Central Bank & Trust Co. increased its position in shares of iShares CMBS ETF by 13.3% in the 3rd quarter. Central Bank & Trust Co. now owns 197,116 shares of the company’s stock valued at $9,645,000 after buying an additional 23,072 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in iShares CMBS ETF in the 3rd quarter worth $78,000. Rosenberg Matthew Hamilton boosted its stake in iShares CMBS ETF by 25.8% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 12,929 shares of the company’s stock worth $633,000 after purchasing an additional 2,651 shares during the period. Finally, Goldstone Financial Group LLC acquired a new position in iShares CMBS ETF in the 3rd quarter worth $1,156,000.

iShares CMBS ETF Price Performance

NYSEARCA CMBS traded up $0.16 on Friday, reaching $47.48. The company had a trading volume of 31,948 shares, compared to its average volume of 50,439. iShares CMBS ETF has a 1-year low of $44.68 and a 1-year high of $49.17. The company’s fifty day moving average is $48.16 and its 200-day moving average is $47.43.

About iShares CMBS ETF

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.