Golden State Wealth Management LLC Invests $45,000 in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Golden State Wealth Management LLC bought a new stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 550 shares of the company’s stock, valued at approximately $45,000.

Several other large investors have also recently bought and sold shares of REZ. JPMorgan Chase & Co. increased its holdings in shares of iShares Residential and Multisector Real Estate ETF by 44.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 730 shares of the company’s stock valued at $65,000 after acquiring an additional 224 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in iShares Residential and Multisector Real Estate ETF by 32.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,857 shares of the company’s stock worth $313,000 after purchasing an additional 952 shares in the last quarter. Lederer & Associates Investment Counsel CA acquired a new stake in iShares Residential and Multisector Real Estate ETF during the third quarter worth approximately $211,000. Arkansas Financial Group Inc. lifted its position in shares of iShares Residential and Multisector Real Estate ETF by 8.8% during the 4th quarter. Arkansas Financial Group Inc. now owns 29,598 shares of the company’s stock worth $2,398,000 after buying an additional 2,391 shares during the last quarter. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of iShares Residential and Multisector Real Estate ETF by 5.1% in the 3rd quarter. Cornerstone Planning Group LLC now owns 135,951 shares of the company’s stock valued at $11,829,000 after buying an additional 6,632 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Price Performance

Shares of NYSEARCA:REZ opened at $83.12 on Wednesday. iShares Residential and Multisector Real Estate ETF has a 12 month low of $66.85 and a 12 month high of $91.64. The firm has a market capitalization of $714.83 million, a P/E ratio of 25.27 and a beta of 0.87. The company’s fifty day moving average price is $81.74 and its 200 day moving average price is $84.76.

iShares Residential and Multisector Real Estate ETF Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.