Van ECK Associates Corp Has $5.65 Million Stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ)

Van ECK Associates Corp decreased its position in shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,232 shares of the company’s stock after selling 246 shares during the quarter. Van ECK Associates Corp owned 0.75% of iShares Residential and Multisector Real Estate ETF worth $5,654,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fairscale Capital LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory acquired a new position in iShares Residential and Multisector Real Estate ETF during the 2nd quarter worth about $56,000. Lederer & Associates Investment Counsel CA bought a new stake in iShares Residential and Multisector Real Estate ETF in the third quarter valued at approximately $211,000. Burns Matteson Capital Management LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 1st quarter valued at $745,000. Finally, Arkansas Financial Group Inc. grew its holdings in iShares Residential and Multisector Real Estate ETF by 14.6% during the 3rd quarter. Arkansas Financial Group Inc. now owns 27,207 shares of the company’s stock worth $2,417,000 after acquiring an additional 3,456 shares during the period.

iShares Residential and Multisector Real Estate ETF Stock Performance

Shares of REZ stock opened at $86.60 on Friday. iShares Residential and Multisector Real Estate ETF has a fifty-two week low of $63.27 and a fifty-two week high of $91.64. The stock has a 50 day simple moving average of $87.57 and a two-hundred day simple moving average of $80.80. The company has a market cap of $744.76 million, a P/E ratio of 25.27 and a beta of 0.87.

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.