iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Stock Position Reduced by Franklin Parlapiano Turner & Welch LLC

Franklin Parlapiano Turner & Welch LLC lowered its stake in iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 465,511 shares of the company’s stock after selling 10,307 shares during the quarter. iShares Residential and Multisector Real Estate ETF comprises approximately 10.2% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 2nd largest holding. Franklin Parlapiano Turner & Welch LLC owned 0.05% of iShares Residential and Multisector Real Estate ETF worth $37,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Cornerstone Planning Group LLC increased its holdings in shares of iShares Residential and Multisector Real Estate ETF by 5.1% in the 3rd quarter. Cornerstone Planning Group LLC now owns 135,951 shares of the company’s stock worth $11,829,000 after buying an additional 6,632 shares during the last quarter. Burns Matteson Capital Management LLC increased its holdings in shares of iShares Residential and Multisector Real Estate ETF by 31.0% in the 3rd quarter. Burns Matteson Capital Management LLC now owns 17,563 shares of the company’s stock worth $1,560,000 after buying an additional 4,154 shares during the last quarter. Lederer & Associates Investment Counsel CA bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 3rd quarter worth about $211,000. Arkansas Financial Group Inc. increased its holdings in shares of iShares Residential and Multisector Real Estate ETF by 14.6% in the 3rd quarter. Arkansas Financial Group Inc. now owns 27,207 shares of the company’s stock worth $2,417,000 after buying an additional 3,456 shares during the last quarter. Finally, Christopher J. Hasenberg Inc bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 3rd quarter worth about $12,517,000.

iShares Residential and Multisector Real Estate ETF Stock Down 1.7 %

iShares Residential and Multisector Real Estate ETF stock opened at $80.55 on Thursday. The company has a market cap of $692.73 million, a PE ratio of 25.27 and a beta of 0.87. iShares Residential and Multisector Real Estate ETF has a twelve month low of $66.85 and a twelve month high of $91.64. The company’s 50-day moving average price is $82.77 and its 200-day moving average price is $84.55.

iShares Residential and Multisector Real Estate ETF Company 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.