Commonwealth Equity Services LLC Reduces Stock Position in iShares U.S. Real Estate ETF $IYR

Commonwealth Equity Services LLC lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 50,014 shares of the real estate investment trust’s stock after selling 5,682 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Real Estate ETF were worth $4,696,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of 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 worth $25,000 after acquiring an additional 159 shares in the last quarter. Glassy Mountain Advisors Inc. bought a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth about $27,000. Modus Advisors LLC bought a new position in iShares U.S. Real Estate ETF in the 4th quarter worth about $28,000. Fifth Third Bancorp bought a new position in iShares U.S. Real Estate ETF in the 4th quarter worth about $38,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth about $39,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA IYR opened at $102.54 on Monday. iShares U.S. Real Estate ETF has a 52 week low of $92.45 and a 52 week high of $103.64. The business has a 50-day simple moving average of $100.29 and a two-hundred day simple moving average of $97.82. The company has a market cap of $4.19 billion, a P/E ratio of 35.41 and a beta of 0.97.

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).