Insight Wealth Partners LLC Buys 2,397 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Insight Wealth Partners LLC raised its stake in iShares CMBS ETF (NYSEARCA:CMBS) by 5.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,836 shares of the company’s stock after acquiring an additional 2,397 shares during the quarter. iShares CMBS ETF comprises 0.5% of Insight Wealth Partners LLC’s holdings, making the stock its 24th largest position. Insight Wealth Partners LLC owned 0.53% of iShares CMBS ETF worth $2,292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of CMBS. Centennial Wealth Advisory LLC boosted its holdings in iShares CMBS ETF by 1.9% in the 2nd quarter. Centennial Wealth Advisory LLC now owns 13,184 shares of the company’s stock valued at $619,000 after purchasing an additional 249 shares during the period. LexAurum Advisors LLC lifted its stake in iShares CMBS ETF by 5.5% during the third quarter. LexAurum Advisors LLC now owns 5,340 shares of the company’s stock worth $261,000 after purchasing an additional 278 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares CMBS ETF by 1.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 30,031 shares of the company’s stock valued at $1,410,000 after purchasing an additional 394 shares during the last quarter. Csenge Advisory Group raised its holdings in shares of iShares CMBS ETF by 9.5% during the 2nd quarter. Csenge Advisory Group now owns 5,358 shares of the company’s stock worth $252,000 after buying an additional 464 shares in the last quarter. Finally, 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 during the last quarter.

iShares CMBS ETF Price Performance

CMBS stock opened at $47.55 on Wednesday. The firm has a 50-day moving average price of $47.87 and a 200-day moving average price of $47.54. iShares CMBS ETF has a 12 month low of $45.25 and a 12 month 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.