Lynx Investment Advisory Makes New Investment in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Lynx Investment Advisory bought a new position in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 723 shares of the company’s stock, valued at approximately $56,000.

Several other hedge funds have also recently modified their holdings of REZ. Franklin Parlapiano Turner & Welch LLC raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 3.6% in the 1st quarter. Franklin Parlapiano Turner & Welch LLC now owns 459,056 shares of the company’s stock worth $33,084,000 after purchasing an additional 15,972 shares during the period. Cornerstone Planning Group LLC raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 11.6% in the 1st quarter. Cornerstone Planning Group LLC now owns 119,697 shares of the company’s stock worth $8,623,000 after purchasing an additional 12,484 shares during the period. Partners Capital Investment Group LLP raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 2.1% in the 4th quarter. Partners Capital Investment Group LLP now owns 57,980 shares of the company’s stock worth $4,263,000 after purchasing an additional 1,166 shares during the period. Van ECK Associates Corp bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 1st quarter worth approximately $2,417,000. Finally, Arkansas Financial Group Inc. raised its holdings in shares of iShares Residential and Multisector Real Estate ETF by 1.0% in the 1st quarter. Arkansas Financial Group Inc. now owns 22,510 shares of the company’s stock worth $1,622,000 after purchasing an additional 233 shares during the period.

iShares Residential and Multisector Real Estate ETF Trading Up 0.3 %

Shares of NYSEARCA:REZ traded up $0.22 during mid-day trading on Wednesday, reaching $82.18. The company had a trading volume of 76,152 shares, compared to its average volume of 40,240. The firm has a market cap of $706.75 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The company’s 50-day moving average price is $77.33 and its 200-day moving average price is $73.12. iShares Residential and Multisector Real Estate ETF has a one year low of $60.64 and a one year high of $83.19.

About iShares Residential and Multisector Real Estate ETF

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.