Courier Capital LLC Increases Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Courier Capital LLC boosted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,595 shares of the real estate investment trust’s stock after acquiring an additional 153 shares during the period. Courier Capital LLC’s holdings in iShares U.S. Real Estate ETF were worth $4,716,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IYR. Citigroup Inc. grew its stake in iShares U.S. Real Estate ETF by 592.7% during the 3rd quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock valued at $80,857,000 after acquiring an additional 1,244,785 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares U.S. Real Estate ETF by 28.4% in the 3rd quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock valued at $365,289,000 after buying an additional 1,033,819 shares during the period. Two Sigma Advisers LP purchased a new stake in shares of iShares U.S. Real Estate ETF in the 1st quarter valued at approximately $50,091,000. Bank of America Corp DE grew its stake in shares of iShares U.S. Real Estate ETF by 19.8% in the 1st quarter. Bank of America Corp DE now owns 3,210,841 shares of the real estate investment trust’s stock valued at $272,600,000 after buying an additional 529,576 shares during the period. Finally, Point72 Asset Management L.P. purchased a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $42,521,000.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $89.26 on Thursday. The firm has a 50 day simple moving average of $87.99 and a 200-day simple moving average of $84.81. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $92.85. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 28.43 and a beta of 0.91.

iShares U.S. Real Estate ETF Company Profile

iShares U.S. Real Estate ETF, formerly iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market, and includes companies in the industry groups, such as real estate holding and development and real estate investment trusts (REITs).