iShares U.S. Real Estate ETF (NYSEARCA:IYR) Position Lessened by Itau Unibanco Holding S.A.

Itau Unibanco Holding S.A. lowered its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 13.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,365 shares of the real estate investment trust’s stock after selling 2,100 shares during the quarter. Itau Unibanco Holding S.A.’s holdings in iShares U.S. Real Estate ETF were worth $1,173,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Connable Office Inc. acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter worth approximately $31,048,000. Sentinel Trust Co. LBA bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $463,000. Aspect Partners LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $15,342,000. Cibc World Markets Corp lifted its stake in shares of iShares U.S. Real Estate ETF by 132,707.9% in the 4th quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after purchasing an additional 4,644,778 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in iShares U.S. Real Estate ETF by 115.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,843 shares of the real estate investment trust’s stock worth $351,000 after purchasing an additional 2,063 shares in the last quarter.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $102.27 on Friday. iShares U.S. Real Estate ETF has a one year low of $72.88 and a one year high of $104.04. The company’s fifty day moving average price is $97.13 and its two-hundred day moving average price is $90.34. The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

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).