US Bancorp DE Sells 23,308 Shares of iShares U.S. Real Estate ETF $IYR

US Bancorp DE cut its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 395,400 shares of the real estate investment trust’s stock after selling 23,308 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Real Estate ETF were worth $38,385,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Glassy Mountain Advisors Inc. bought a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth $27,000. Russell Investments Group Ltd. grew its position in iShares U.S. Real Estate ETF by 68.9% during the second 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 in the last quarter. Steigerwald Gordon & Koch Inc. bought a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth about $98,000. Cheviot Value Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $104,000. Finally, Chilton Capital Management LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 85.2% during the third quarter. Chilton Capital Management LLC now owns 1,139 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 524 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $101.28 on Friday. iShares U.S. Real Estate ETF has a 1-year low of $81.53 and a 1-year high of $101.79. The company has a market capitalization of $4.29 billion, a P/E ratio of 35.41 and a beta of 1.01. The firm’s 50 day simple moving average is $96.78 and its 200 day simple moving average is $96.20.

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).