Ethos Capital Management Inc. Takes $1.66 Million Position in iShares CMBS ETF $CMBS

Ethos Capital Management Inc. acquired a new stake in iShares CMBS ETF (NYSEARCA:CMBS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 33,890 shares of the company’s stock, valued at approximately $1,663,000. iShares CMBS ETF accounts for about 1.6% of Ethos Capital Management Inc.’s holdings, making the stock its 19th biggest position. Ethos Capital Management Inc. owned 0.33% of iShares CMBS ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Syon Capital LLC acquired a new position in shares of iShares CMBS ETF in the 3rd quarter valued at about $28,555,000. Heck Capital Advisors LLC acquired a new position in shares of iShares CMBS ETF in the 3rd quarter valued at about $1,133,000. Arete Wealth Advisors LLC acquired a new position in shares of iShares CMBS ETF in the 3rd quarter valued at about $750,000. AE Wealth Management LLC lifted its holdings in shares of iShares CMBS ETF by 8.4% in the 3rd quarter. AE Wealth Management LLC now owns 431,523 shares of the company’s stock valued at $21,175,000 after buying an additional 33,544 shares during the period. Finally, Prepared Retirement Institute LLC lifted its holdings in shares of iShares CMBS ETF by 55.9% in the 3rd quarter. Prepared Retirement Institute LLC now owns 243,784 shares of the company’s stock valued at $11,962,000 after buying an additional 87,382 shares during the period.

iShares CMBS ETF Price Performance

Shares of CMBS stock opened at $48.60 on Wednesday. The business has a 50-day simple moving average of $49.16 and a 200-day simple moving average of $49.13. iShares CMBS ETF has a 52-week low of $47.45 and a 52-week high of $50.09.

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.