GEN Financial Management INC. Makes New $726,000 Investment in iShares CMBS ETF (NYSEARCA:CMBS)

GEN Financial Management INC. purchased a new stake in iShares CMBS ETF (NYSEARCA:CMBS) during the 4th quarter, Holdings Channel reports. The firm purchased 15,385 shares of the company’s stock, valued at approximately $726,000. iShares CMBS ETF accounts for about 0.5% of GEN Financial Management INC.’s holdings, making the stock its 26th largest position.

Other large investors have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new stake in iShares CMBS ETF in the 4th quarter valued at approximately $28,000. MidAtlantic Capital Management Inc. purchased a new position in iShares CMBS ETF during the third quarter worth $32,000. Farther Finance Advisors LLC acquired a new position in shares of iShares CMBS ETF in the third quarter worth $78,000. City Center Advisors LLC purchased a new stake in shares of iShares CMBS ETF in the fourth quarter valued at $223,000. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of iShares CMBS ETF during the third quarter valued at $259,000.

iShares CMBS ETF Trading Down 0.2 %

iShares CMBS ETF stock opened at $47.62 on Tuesday. The stock has a 50-day moving average price of $47.45 and a 200 day moving average price of $47.77. iShares CMBS ETF has a 52 week low of $45.76 and a 52 week high of $49.17.

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.