Raymond James & Associates Sells 13,042 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Raymond James & Associates reduced its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 12.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,929 shares of the real estate investment trust’s stock after selling 13,042 shares during the quarter. Raymond James & Associates owned about 0.28% of iShares U.S. Real Estate ETF worth $9,670,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Fifth Third Bancorp bought a new position in iShares U.S. Real Estate ETF in the second quarter valued at approximately $25,000. Sachetta LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the second quarter valued at about $37,000. AlphaMark Advisors LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth $41,000. Finally, Larson Financial Group LLC boosted its holdings in iShares U.S. Real Estate ETF by 93.7% in the first quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 325 shares during the last quarter.

iShares U.S. Real Estate ETF Trading Down 0.9 %

IYR stock opened at $99.53 on Wednesday. The firm has a market cap of $3.36 billion, a PE 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 $104.04. The stock has a 50-day moving average price of $100.42 and a 200-day moving average price of $92.57.

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).