Arkansas Financial Group Inc. Raises Stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Arkansas Financial Group Inc. raised its stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,598 shares of the company’s stock after buying an additional 2,391 shares during the quarter. Arkansas Financial Group Inc. owned about 0.34% of iShares Residential and Multisector Real Estate ETF worth $2,398,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of REZ. Christopher J. Hasenberg Inc purchased a new stake in iShares Residential and Multisector Real Estate ETF in the third quarter valued at $12,517,000. Burns Matteson Capital Management LLC increased its holdings in iShares Residential and Multisector Real Estate ETF by 31.0% during the 3rd quarter. Burns Matteson Capital Management LLC now owns 17,563 shares of the company’s stock valued at $1,560,000 after acquiring an additional 4,154 shares in the last quarter. Lederer & Associates Investment Counsel CA purchased a new stake in shares of iShares Residential and Multisector Real Estate ETF in the third quarter valued at $211,000. Cornerstone Planning Group LLC boosted its position in iShares Residential and Multisector Real Estate ETF by 5.1% during the third quarter. Cornerstone Planning Group LLC now owns 135,951 shares of the company’s stock worth $11,829,000 after acquiring an additional 6,632 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of iShares Residential and Multisector Real Estate ETF by 44.3% during 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.

iShares Residential and Multisector Real Estate ETF Price Performance

iShares Residential and Multisector Real Estate ETF stock opened at $80.42 on Friday. iShares Residential and Multisector Real Estate ETF has a 12 month low of $66.85 and a 12 month high of $91.64. The stock’s 50-day moving average is $83.18 and its 200-day moving average is $84.39. The company has a market cap of $691.61 million, a price-to-earnings ratio of 25.27 and a beta of 0.87.

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.