Sykon Capital LLC Decreases Stock Position in iShares CMBS ETF (NYSEARCA:CMBS)

Sykon Capital LLC cut its position in iShares CMBS ETF (NYSEARCA:CMBS) by 3.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,553 shares of the company’s stock after selling 2,111 shares during the quarter. Sykon Capital LLC’s holdings in iShares CMBS ETF were worth $2,622,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in iShares CMBS ETF during the 4th quarter valued at $28,000. MidAtlantic Capital Management Inc. boosted its stake in iShares CMBS ETF by 65.2% during the 4th quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock valued at $50,000 after acquiring an additional 420 shares during the last quarter. IFP Advisors Inc boosted its stake in iShares CMBS ETF by 572.0% during the 4th quarter. IFP Advisors Inc now owns 2,762 shares of the company’s stock valued at $130,000 after acquiring an additional 2,351 shares during the last quarter. Bank of New York Mellon Corp bought a new position in iShares CMBS ETF during the 4th quarter valued at $216,000. Finally, City Center Advisors LLC bought a new position in iShares CMBS ETF during the 4th quarter valued at $223,000.

iShares CMBS ETF Trading Up 0.1 %

NYSEARCA CMBS opened at $48.04 on Friday. The company’s fifty day moving average price is $47.70 and its two-hundred day moving average price is $47.76. iShares CMBS ETF has a 12 month low of $45.76 and a 12 month high of $49.18.

iShares CMBS ETF Company 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.