JPMorgan Chase & Co. Has $13.87 Million Stock Position in iShares U.S. Real Estate ETF $IYR

JPMorgan Chase & Co. reduced its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 85.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 142,856 shares of the real estate investment trust’s stock after selling 872,030 shares during the period. JPMorgan Chase & Co.’s holdings in iShares U.S. Real Estate ETF were worth $13,869,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Moors & Cabot Inc. grew its position in iShares U.S. Real Estate ETF by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock worth $815,000 after purchasing an additional 108 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares U.S. Real Estate ETF by 4.1% in the third quarter. Arkadios Wealth Advisors now owns 2,809 shares of the real estate investment trust’s stock valued at $273,000 after purchasing an additional 110 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of iShares U.S. Real Estate ETF by 15.2% in the third quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock worth $84,000 after buying an additional 115 shares during the period. Centaurus Financial Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 1.1% in the third quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock worth $1,074,000 after buying an additional 116 shares during the period. Finally, Infinity Wealth Counsel LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 3.0% during the third quarter. Infinity Wealth Counsel LLC now owns 4,885 shares of the real estate investment trust’s stock valued at $474,000 after buying an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Down 0.8%

NYSEARCA:IYR opened at $92.61 on Friday. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a 1-year low of $81.53 and a 1-year high of $101.80. The business’s fifty day moving average price is $97.77 and its 200 day moving average price is $96.32.

About iShares U.S. Real Estate ETF

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).