Rockefeller Capital Management L.P. Sells 14,034 Shares of iShares U.S. Real Estate ETF $IYR

Rockefeller Capital Management L.P. cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 13.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,782 shares of the real estate investment trust’s stock after selling 14,034 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Real Estate ETF were worth $8,336,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYR. Assetmark Inc. raised its position in iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 159 shares in the last quarter. Modus Advisors LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter worth about $28,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $39,000. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $38,000. Finally, AlphaCore Capital LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $47,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 0.2%

Shares of iShares U.S. Real Estate ETF stock opened at $103.10 on Friday. The firm has a market capitalization of $4.22 billion, a PE ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $104.74. The business’s 50-day moving average price is $101.98 and its 200-day moving average price is $98.51.

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).