Global Endowment Management LP Buys 42,200 Shares of iShares U.S. Real Estate ETF $IYR

Global Endowment Management LP raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 45.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 136,080 shares of the real estate investment trust’s stock after purchasing an additional 42,200 shares during the quarter. iShares U.S. Real Estate ETF accounts for approximately 1.7% of Global Endowment Management LP’s portfolio, making the stock its 16th largest position. Global Endowment Management LP owned about 0.35% of iShares U.S. Real Estate ETF worth $13,211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Glassy Mountain Advisors Inc. purchased a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth $27,000. Russell Investments Group Ltd. lifted its position 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 in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $98,000. Cheviot Value Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $104,000. Finally, Chilton Capital Management LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 85.2% in the 3rd quarter. Chilton Capital Management LLC now owns 1,139 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 524 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $97.32 on Friday. The firm’s 50 day moving average price is $97.77 and its 200-day moving average price is $96.45. iShares U.S. Real Estate ETF has a 1 year low of $81.53 and a 1 year high of $101.80. The stock has a market cap of $4.12 billion, a P/E ratio of 35.41 and a beta of 1.01.

About iShares U.S. Real Estate ETF

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).