TradeLink Capital LLC acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 9,200 shares of the real estate investment trust’s stock, valued at approximately $864,000. iShares U.S. Real Estate ETF makes up about 6.9% of TradeLink Capital LLC’s portfolio, making the stock its 3rd largest holding.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. WealthNavi Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 10.2% in the 4th quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock worth $548,218,000 after acquiring an additional 540,270 shares during the last quarter. Jain Global LLC boosted its stake in iShares U.S. Real Estate ETF by 151.5% during the 3rd quarter. Jain Global LLC now owns 128,767 shares of the real estate investment trust’s stock valued at $12,501,000 after purchasing an additional 378,767 shares during the last quarter. Cibc World Market Inc. increased its holdings in iShares U.S. Real Estate ETF by 1,235.6% during the 3rd quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock worth $30,966,000 after purchasing an additional 295,095 shares in the last quarter. Holocene Advisors LP bought a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $19,652,000. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 45.9% in the second quarter. Ameriprise Financial Inc. now owns 335,818 shares of the real estate investment trust’s stock worth $31,824,000 after purchasing an additional 105,669 shares during the last quarter. 98.41% of the stock is owned by institutional investors.
iShares U.S. Real Estate ETF Stock Up 0.1%
IYR stock opened at $102.84 on Tuesday. The firm has a market capitalization of $4.21 billion, a PE ratio of 35.41 and a beta of 0.99. iShares U.S. Real Estate ETF has a twelve month low of $91.40 and a twelve month high of $103.58. The stock’s 50 day moving average is $98.84 and its 200-day moving average is $97.02.
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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