Janney Montgomery Scott LLC Sells 2,615 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Janney Montgomery Scott LLC cut its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 20.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,188 shares of the real estate investment trust’s stock after selling 2,615 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,038,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IYR. Allspring Global Investments Holdings LLC bought a new stake in iShares U.S. Real Estate ETF during the third quarter valued at about $69,000. Capstone Triton Financial Group LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 2.2% in the second quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock valued at $710,000 after buying an additional 174 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at about $385,000. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Real Estate ETF by 404.7% in the first quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock valued at $2,806,000 after buying an additional 25,024 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of iShares U.S. Real Estate ETF by 2.0% in the second quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock valued at $9,473,000 after buying an additional 2,110 shares during the period.

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

NYSEARCA:IYR opened at $97.80 on Friday. iShares U.S. Real Estate ETF has a 12-month low of $81.02 and a 12-month high of $104.04. The firm has a market capitalization of $3.30 billion, a PE ratio of 26.05 and a beta of 0.98. The firm has a 50-day moving average price of $100.40 and a 200 day moving average price of $93.85.

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).