2,375 Shares in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Bought by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA acquired a new position in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,375 shares of the company’s stock, valued at approximately $211,000.

Other institutional investors also recently bought and sold shares of the company. Lynx Investment Advisory acquired a new stake in iShares Residential and Multisector Real Estate ETF during the second quarter valued at approximately $56,000. Van ECK Associates Corp increased its position in shares of iShares Residential and Multisector Real Estate ETF by 92.3% during the 2nd quarter. Van ECK Associates Corp now owns 64,478 shares of the company’s stock valued at $4,964,000 after purchasing an additional 30,942 shares during the period. Fairscale Capital LLC bought a new stake in iShares Residential and Multisector Real Estate ETF in the second quarter worth about $27,000. Burns Matteson Capital Management LLC lifted its stake in iShares Residential and Multisector Real Estate ETF by 31.0% during the third quarter. Burns Matteson Capital Management LLC now owns 17,563 shares of the company’s stock valued at $1,560,000 after purchasing an additional 4,154 shares during the last quarter. Finally, Arkansas Financial Group Inc. boosted its stake in shares of iShares Residential and Multisector Real Estate ETF by 14.6% during the 3rd quarter. Arkansas Financial Group Inc. now owns 27,207 shares of the company’s stock worth $2,417,000 after acquiring an additional 3,456 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Stock Performance

REZ stock opened at $86.65 on Monday. iShares Residential and Multisector Real Estate ETF has a 52 week low of $60.64 and a 52 week high of $91.64. The stock has a market cap of $745.19 million, a P/E ratio of 25.27 and a beta of 0.87. The firm has a 50 day simple moving average of $87.41 and a 200 day simple moving average of $79.89.

iShares Residential and Multisector Real Estate ETF Company Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.