ARK & TLK Investments LLC Buys New Shares in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

ARK & TLK Investments LLC purchased a new position in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) during the 4th quarter, Holdings Channel.com reports. The fund purchased 3,397 shares of the company’s stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Franklin Parlapiano Turner & Welch LLC boosted its position in iShares Residential and Multisector Real Estate ETF by 3.3% during the fourth quarter. Franklin Parlapiano Turner & Welch LLC now owns 443,084 shares of the company’s stock worth $32,576,000 after purchasing an additional 14,146 shares during the period. Plan Group Financial LLC lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 165.3% during the 3rd quarter. Plan Group Financial LLC now owns 49,627 shares of the company’s stock worth $3,273,000 after buying an additional 30,921 shares during the last quarter. Partners Capital Investment Group LLP lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 2.1% during the 4th quarter. Partners Capital Investment Group LLP now owns 57,980 shares of the company’s stock worth $4,263,000 after buying an additional 1,166 shares during the last quarter. Arkansas Financial Group Inc. boosted its holdings in shares of iShares Residential and Multisector Real Estate ETF by 2.7% during the 4th quarter. Arkansas Financial Group Inc. now owns 22,277 shares of the company’s stock worth $1,638,000 after buying an additional 593 shares during the period. Finally, Jones Financial Companies Lllp acquired a new position in iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at about $225,000.

iShares Residential and Multisector Real Estate ETF Trading Up 0.5 %

Shares of NYSEARCA:REZ traded up $0.39 during trading on Friday, reaching $75.80. 23,407 shares of the stock were exchanged, compared to its average volume of 37,784. The firm has a market cap of $651.88 million, a PE ratio of 25.27 and a beta of 0.87. The stock has a 50-day moving average price of $72.61 and a 200-day moving average price of $71.38. iShares Residential and Multisector Real Estate ETF has a 12 month low of $60.64 and a 12 month high of $76.34.

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.