iShares U.S. Real Estate ETF $IYR Stake Lowered by Naviter Wealth LLC

Naviter Wealth LLC cut its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 29.4% in the 4th quarter, Holdings Channel reports. The firm owned 26,164 shares of the real estate investment trust’s stock after selling 10,877 shares during the quarter. Naviter Wealth LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Cibc World Market Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 1,235.6% during the third quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock worth $30,966,000 after buying an additional 295,095 shares during the period. Principal Financial Group Inc. acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth approximately $536,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth approximately $994,000. Krilogy Financial LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth approximately $615,000. Finally, Maven Securities LTD boosted its position in shares of iShares U.S. Real Estate ETF by 145.6% during the second quarter. Maven Securities LTD now owns 182,846 shares of the real estate investment trust’s stock worth $17,328,000 after buying an additional 108,403 shares during the period. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Trading Up 0.1%

Shares of NYSEARCA IYR opened at $96.46 on Wednesday. The stock has a 50 day simple moving average of $97.63 and a 200-day simple moving average of $96.22. The company has a market cap of $4.08 billion, a PE ratio of 35.41 and a beta of 1.02. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $101.80.

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).