Fairscale Capital LLC Purchases New Holdings in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Fairscale Capital LLC acquired a new position in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 339 shares of the company’s stock, valued at approximately $27,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of REZ. Van ECK Associates Corp bought a new position in iShares Residential and Multisector Real Estate ETF in the 1st quarter worth about $2,417,000. Franklin Parlapiano Turner & Welch LLC raised its holdings in iShares Residential and Multisector Real Estate ETF by 3.6% in the first quarter. Franklin Parlapiano Turner & Welch LLC now owns 459,056 shares of the company’s stock worth $33,084,000 after buying an additional 15,972 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 11.6% in the first quarter. Cornerstone Planning Group LLC now owns 119,697 shares of the company’s stock worth $8,623,000 after buying an additional 12,484 shares in the last quarter. Burns Matteson Capital Management LLC purchased a new stake in shares of iShares Residential and Multisector Real Estate ETF during the first quarter valued at approximately $745,000. Finally, ARK & TLK Investments LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the fourth quarter valued at approximately $250,000.

iShares Residential and Multisector Real Estate ETF Stock Down 0.4 %

Shares of NYSEARCA REZ opened at $89.22 on Monday. The firm has a market cap of $767.29 million, a P/E ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a twelve month low of $60.64 and a twelve month high of $91.64. The company has a 50 day moving average of $84.27 and a 200 day moving average of $77.02.

iShares Residential and Multisector Real Estate ETF 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.