United Asset Strategies Inc. Sells 1,040 Shares of iShares U.S. Real Estate ETF $IYR

United Asset Strategies Inc. reduced its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 24.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,221 shares of the real estate investment trust’s stock after selling 1,040 shares during the period. United Asset Strategies Inc.’s holdings in iShares U.S. Real Estate ETF were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Wayfinding Financial LLC bought a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $39,000. Russell Investments Group Ltd. bought a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $43,000. Wood Tarver Financial Group LLC bought a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $99,000. Bellwether Advisors LLC bought a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $114,000. Finally, Paloma Partners Management Co boosted its holdings in iShares U.S. Real Estate ETF by 104.4% in the fourth quarter. Paloma Partners Management Co now owns 1,340 shares of the real estate investment trust’s stock valued at $125,000 after acquiring an additional 31,540 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR stock opened at $95.99 on Friday. The business’s 50 day simple moving average is $95.49 and its 200 day simple moving average is $94.60. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $104.04. The stock has a market capitalization of $3.76 billion, a PE ratio of 35.41 and a beta of 0.91.

iShares U.S. Real Estate ETF 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).