Integrated Advisors Network LLC decreased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 43.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,503 shares of the real estate investment trust’s stock after selling 5,769 shares during the period. Integrated Advisors Network LLC’s holdings in iShares U.S. Real Estate ETF were worth $709,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Assetmark Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 145.9% in the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 159 shares during the period. Modus Advisors LLC purchased a new position in iShares U.S. Real Estate ETF during the 4th quarter worth $28,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at $39,000. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $38,000. Finally, AlphaCore Capital LLC bought a new position in iShares U.S. Real Estate ETF in the fourth quarter worth approximately $47,000. 98.41% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Real Estate ETF Price Performance
Shares of NYSEARCA IYR opened at $103.00 on Friday. The stock has a market capitalization of $4.49 billion, a P/E ratio of 35.41 and a beta of 0.97. The business has a fifty day moving average price of $102.37 and a 200 day moving average price of $99.17. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $105.15.
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).
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