Mission Wealth Management LP lowered its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 9.6% during the fourth quarter, HoldingsChannel reports. The firm owned 54,622 shares of the real estate investment trust’s stock after selling 5,822 shares during the quarter. Mission Wealth Management LP’s holdings in iShares U.S. Real Estate ETF were worth $5,129,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the stock. Cibc World Market Inc. lifted its stake in iShares U.S. Real Estate ETF by 1,235.6% in 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 acquiring an additional 295,095 shares in the last quarter. Principal Financial Group Inc. acquired a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $536,000. Apella Capital LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 287.4% during the 4th quarter. Apella Capital LLC now owns 11,671 shares of the real estate investment trust’s stock valued at $1,096,000 after acquiring an additional 8,658 shares during the last quarter. Omega Financial Group LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 1,154.9% during the 4th quarter. Omega Financial Group LLC now owns 66,072 shares of the real estate investment trust’s stock valued at $6,204,000 after acquiring an additional 60,807 shares during the last quarter. Finally, Krilogy Financial LLC acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $615,000. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Price Performance
IYR opened at $99.80 on Monday. The firm has a market capitalization of $4.08 billion, a P/E ratio of 35.41 and a beta of 0.99. The stock’s 50 day moving average price is $98.87 and its two-hundred day moving average price is $97.11. iShares U.S. Real Estate ETF has a 12-month low of $91.40 and a 12-month high of $103.58.
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).
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