Massmutual Trust Co. FSB ADV Cuts Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Massmutual Trust Co. FSB ADV trimmed its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 38.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 394 shares of the real estate investment trust’s stock after selling 250 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in iShares U.S. Real Estate ETF were worth $35,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Modera Wealth Management LLC boosted its stake in iShares U.S. Real Estate ETF by 1.4% during the 3rd quarter. Modera Wealth Management LLC now owns 8,429 shares of the real estate investment trust’s stock valued at $659,000 after purchasing an additional 118 shares during the last quarter. Intrust Bank NA lifted its holdings in shares of iShares U.S. Real Estate ETF by 3.9% during the 4th quarter. Intrust Bank NA now owns 3,657 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 137 shares during the period. Courier Capital LLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 0.3% during the 4th quarter. Courier Capital LLC now owns 51,595 shares of the real estate investment trust’s stock valued at $4,716,000 after buying an additional 153 shares during the period. Checchi Capital Advisers LLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 0.7% during the 4th quarter. Checchi Capital Advisers LLC now owns 23,906 shares of the real estate investment trust’s stock valued at $2,185,000 after buying an additional 164 shares during the period. Finally, Private Ocean LLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 11.8% during the 4th quarter. Private Ocean LLC now owns 1,588 shares of the real estate investment trust’s stock valued at $145,000 after buying an additional 168 shares during the period.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $87.13 on Friday. The business’s fifty day moving average price is $85.41 and its 200-day moving average price is $87.48. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $92.85.

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).