Ocean Park Asset Management LLC Buys Shares of 46,586 iShares CMBS ETF (NYSEARCA:CMBS)

Ocean Park Asset Management LLC purchased a new position in shares of iShares CMBS ETF (NYSEARCA:CMBS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 46,586 shares of the company’s stock, valued at approximately $2,199,000. Ocean Park Asset Management LLC owned about 0.53% of iShares CMBS ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. State of New Jersey Common Pension Fund D lifted its position in iShares CMBS ETF by 40.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 521,932 shares of the company’s stock valued at $25,538,000 after purchasing an additional 150,000 shares in the last quarter. Arvest Investments Inc. raised its stake in shares of iShares CMBS ETF by 0.9% in the third quarter. Arvest Investments Inc. now owns 441,921 shares of the company’s stock worth $21,623,000 after buying an additional 3,919 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in shares of iShares CMBS ETF during the 3rd quarter valued at about $11,158,000. Central Bank & Trust Co. grew its stake in shares of iShares CMBS ETF by 5.4% during the 4th quarter. Central Bank & Trust Co. now owns 207,701 shares of the company’s stock valued at $9,803,000 after acquiring an additional 10,585 shares during the period. Finally, Krilogy Financial LLC increased its holdings in iShares CMBS ETF by 5.0% in the 4th quarter. Krilogy Financial LLC now owns 136,770 shares of the company’s stock worth $6,456,000 after acquiring an additional 6,480 shares in the last quarter.

iShares CMBS ETF Stock Performance

NYSEARCA CMBS opened at $47.59 on Tuesday. iShares CMBS ETF has a 12 month low of $45.76 and a 12 month high of $49.17. The company’s 50 day moving average is $47.47 and its two-hundred day moving average is $47.79.

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.