Arkansas Financial Group Inc. Acquires 3,456 Shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Arkansas Financial Group Inc. boosted its stake in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 14.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 27,207 shares of the company’s stock after purchasing an additional 3,456 shares during the period. Arkansas Financial Group Inc.’s holdings in iShares Residential and Multisector Real Estate ETF were worth $2,417,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in REZ. Fairscale Capital LLC bought a new position in shares of iShares Residential and Multisector Real Estate ETF during the 2nd quarter worth $27,000. Van ECK Associates Corp lifted its holdings in iShares Residential and Multisector Real Estate ETF by 92.3% during the second 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 last quarter. Lynx Investment Advisory bought a new position in iShares Residential and Multisector Real Estate ETF during the second quarter worth about $56,000. Burns Matteson Capital Management LLC increased its stake in shares of iShares Residential and Multisector Real Estate ETF by 29.7% in the second quarter. Burns Matteson Capital Management LLC now owns 13,409 shares of the company’s stock worth $1,032,000 after purchasing an additional 3,070 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 11.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 119,697 shares of the company’s stock valued at $8,623,000 after buying an additional 12,484 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Price Performance

Shares of iShares Residential and Multisector Real Estate ETF stock traded down $0.74 during trading hours on Friday, reaching $86.18. The company had a trading volume of 228,893 shares, compared to its average volume of 69,070. The firm has a market cap of $741.15 million, a PE ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a one year low of $60.64 and a one year high of $91.64. The business has a fifty day simple moving average of $85.96 and a 200 day simple moving average of $78.14.

About iShares Residential and Multisector Real Estate ETF

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.