Van ECK Associates Corp Acquires 30,942 Shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Van ECK Associates Corp increased its holdings in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 92.3% during the second quarter, HoldingsChannel.com reports. The fund owned 64,478 shares of the company’s stock after buying an additional 30,942 shares during the quarter. Van ECK Associates Corp’s holdings in iShares Residential and Multisector Real Estate ETF were worth $4,964,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Lynx Investment Advisory bought a new stake in iShares Residential and Multisector Real Estate ETF during the second quarter worth $56,000. Burns Matteson Capital Management LLC lifted its holdings in iShares Residential and Multisector Real Estate ETF by 29.7% during the second quarter. Burns Matteson Capital Management LLC now owns 13,409 shares of the company’s stock worth $1,032,000 after acquiring an additional 3,070 shares during the period. Cornerstone Planning Group LLC lifted its holdings in iShares Residential and Multisector Real Estate ETF by 11.6% during the first quarter. Cornerstone Planning Group LLC now owns 119,697 shares of the company’s stock worth $8,623,000 after acquiring an additional 12,484 shares during the period. Franklin Parlapiano Turner & Welch LLC lifted its holdings in iShares Residential and Multisector Real Estate ETF by 3.6% during the first quarter. Franklin Parlapiano Turner & Welch LLC now owns 459,056 shares of the company’s stock worth $33,084,000 after acquiring an additional 15,972 shares during the period. Finally, Arkansas Financial Group Inc. lifted its holdings in iShares Residential and Multisector Real Estate ETF by 1.0% during the first quarter. Arkansas Financial Group Inc. now owns 22,510 shares of the company’s stock worth $1,622,000 after acquiring an additional 233 shares during the period.

iShares Residential and Multisector Real Estate ETF Trading Up 0.2 %

Shares of iShares Residential and Multisector Real Estate ETF stock opened at $87.37 on Wednesday. The business’s fifty day simple moving average is $81.06 and its 200 day simple moving average is $75.24. The firm has a market capitalization of $751.38 million, a P/E ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a 12 month low of $60.64 and a 12 month high of $87.77.

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.