Insight Wealth Partners LLC Has $2.29 Million Stock Holdings in iShares CMBS ETF (NYSEARCA:CMBS)

Insight Wealth Partners LLC increased its holdings in iShares CMBS ETF (NYSEARCA:CMBS) by 5.4% during the third quarter, HoldingsChannel reports. The fund owned 46,836 shares of the company’s stock after acquiring an additional 2,397 shares during the quarter. iShares CMBS ETF accounts for about 0.5% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 24th biggest holding. Insight Wealth Partners LLC’s holdings in iShares CMBS ETF were worth $2,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares CMBS ETF in the third quarter valued at about $32,000. Cullen Frost Bankers Inc. lifted its position in shares of iShares CMBS ETF by 43.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,654 shares of the company’s stock worth $78,000 after buying an additional 502 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of iShares CMBS ETF during the third quarter valued at approximately $78,000. Gradient Investments LLC increased its position in shares of iShares CMBS ETF by 356.8% during the second quarter. Gradient Investments LLC now owns 1,978 shares of the company’s stock valued at $93,000 after acquiring an additional 1,545 shares during the last quarter. Finally, Csenge Advisory Group lifted its holdings in iShares CMBS ETF by 9.5% during the second quarter. Csenge Advisory Group now owns 5,358 shares of the company’s stock worth $252,000 after acquiring an additional 464 shares during the period.

iShares CMBS ETF Stock Performance

Shares of NYSEARCA:CMBS opened at $47.55 on Wednesday. iShares CMBS ETF has a 1 year low of $45.25 and a 1 year high of $49.17. The business has a fifty day moving average price of $47.87 and a two-hundred day moving average price of $47.54.

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.