Clal Insurance Enterprises Holdings Ltd Takes Position in iShares U.S. Real Estate ETF $IYR

Clal Insurance Enterprises Holdings Ltd purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, Holdings Channel reports. The firm purchased 5,000 shares of the real estate investment trust’s stock, valued at approximately $469,000.

A number of other institutional investors have also recently added to or reduced their stakes in IYR. Brighton Jones LLC grew its stake in iShares U.S. Real Estate ETF by 19.8% during the 4th quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 466 shares during the last quarter. Russell Investments Group Ltd. grew its stake in iShares U.S. Real Estate ETF by 68.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 308 shares during the last quarter. Baird Financial Group Inc. grew its stake in iShares U.S. Real Estate ETF by 8.0% during the 2nd quarter. Baird Financial Group Inc. now owns 16,142 shares of the real estate investment trust’s stock worth $1,530,000 after buying an additional 1,200 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth $213,000. Finally, Bank of Nova Scotia bought a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth $592,000. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $104.37 on Friday. iShares U.S. Real Estate ETF has a 1 year low of $92.45 and a 1 year high of $104.74. The stock has a fifty day moving average of $101.24 and a two-hundred day moving average of $98.11. The firm has a market capitalization of $4.27 billion, a PE 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).