LexAurum Advisors LLC Has $261,000 Stock Position in iShares CMBS ETF (NYSEARCA:CMBS)

LexAurum Advisors LLC increased its stake in shares of iShares CMBS ETF (NYSEARCA:CMBS) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,340 shares of the company’s stock after purchasing an additional 278 shares during the period. LexAurum Advisors LLC’s holdings in iShares CMBS ETF were worth $261,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Arvest Investments Inc. increased its stake in iShares CMBS ETF by 2.1% in the first quarter. Arvest Investments Inc. now owns 464,813 shares of the company’s stock valued at $21,893,000 after purchasing an additional 9,664 shares in the last quarter. Tortoise Investment Management LLC increased its position in shares of iShares CMBS ETF by 1.7% in the 2nd quarter. Tortoise Investment Management LLC now owns 341,610 shares of the company’s stock valued at $16,039,000 after buying an additional 5,691 shares in the last quarter. AE Wealth Management LLC raised its stake in iShares CMBS ETF by 16.5% during the 2nd quarter. AE Wealth Management LLC now owns 330,697 shares of the company’s stock worth $15,526,000 after buying an additional 46,856 shares during the period. Redhawk Wealth Advisors Inc. bought a new position in iShares CMBS ETF during the third quarter worth about $11,158,000. Finally, Central Bank & Trust Co. grew its stake in iShares CMBS ETF by 4.5% in the second quarter. Central Bank & Trust Co. now owns 174,044 shares of the company’s stock valued at $8,171,000 after acquiring an additional 7,564 shares during the period.

iShares CMBS ETF Stock Up 0.3 %

NYSEARCA CMBS opened at $48.03 on Friday. iShares CMBS ETF has a one year low of $44.20 and a one year high of $49.17. The stock’s 50-day moving average is $48.32 and its 200-day moving average is $47.30.

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.