Washington Trust Bank Sells 7,047 Shares of iShares U.S. Real Estate ETF $IYR

Washington Trust Bank lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 29.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,518 shares of the real estate investment trust’s stock after selling 7,047 shares during the quarter. Washington Trust Bank’s holdings in iShares U.S. Real Estate ETF were worth $1,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in IYR. Gallagher Fiduciary Advisors LLC lifted its position in iShares U.S. Real Estate ETF by 9,674.5% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 1,554,040 shares of the real estate investment trust’s stock valued at $147,276,000 after buying an additional 1,538,141 shares during the period. Citigroup Inc. increased its position in shares of iShares U.S. Real Estate ETF by 149.4% during the second quarter. Citigroup Inc. now owns 1,807,775 shares of the real estate investment trust’s stock valued at $171,323,000 after acquiring an additional 1,083,044 shares in the last quarter. WealthNavi Inc. raised its position in iShares U.S. Real Estate ETF by 8.2% in the 3rd quarter. WealthNavi Inc. now owns 5,298,667 shares of the real estate investment trust’s stock worth $514,395,000 after buying an additional 403,581 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 69.1% during the 2nd quarter. Hsbc Holdings PLC now owns 790,403 shares of the real estate investment trust’s stock valued at $74,173,000 after buying an additional 322,881 shares during the period. Finally, Yeomans Consulting Group Inc. purchased a new position in iShares U.S. Real Estate ETF in the second quarter worth about $11,703,000. Institutional investors own 98.41% of the company’s stock.

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

Shares of IYR stock opened at $94.74 on Friday. The company has a 50 day simple moving average of $94.74 and a two-hundred day simple moving average of $95.66. The stock has a market cap of $4.33 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a 12 month low of $81.53 and a 12 month high of $99.62.

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).