Cogent Private Wealth Inc. Buys Shares of 14,152 iShares CMBS ETF $CMBS

Cogent Private Wealth Inc. bought a new stake in iShares CMBS ETF (NYSEARCA:CMBS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,152 shares of the company’s stock, valued at approximately $695,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new position in iShares CMBS ETF in the fourth quarter valued at approximately $42,000. Aptus Capital Advisors LLC acquired a new position in iShares CMBS ETF in the third quarter valued at approximately $49,000. MAI Capital Management boosted its stake in iShares CMBS ETF by 190.0% in the third quarter. MAI Capital Management now owns 2,900 shares of the company’s stock valued at $142,000 after acquiring an additional 1,900 shares during the period. Horizon Financial Services LLC boosted its stake in iShares CMBS ETF by 9.7% in the fourth quarter. Horizon Financial Services LLC now owns 3,283 shares of the company’s stock valued at $161,000 after acquiring an additional 291 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in iShares CMBS ETF in the fourth quarter valued at approximately $246,000.

iShares CMBS ETF Stock Performance

Shares of CMBS stock opened at $48.48 on Tuesday. The business has a 50 day moving average of $48.71 and a two-hundred day moving average of $49.03. iShares CMBS ETF has a 52 week low of $47.82 and a 52 week high of $50.09.

iShares CMBS ETF Profile

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.