Oppenheimer & Co. Inc. Decreases Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Oppenheimer & Co. Inc. reduced its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.1% during the third quarter, according to its most recent filing with the SEC. The fund owned 3,670 shares of the real estate investment trust’s stock after selling 238 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Real Estate ETF were worth $374,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC purchased a new position in iShares U.S. Real Estate ETF in the third quarter valued at about $17,701,000. SG Americas Securities LLC lifted its stake in iShares U.S. Real Estate ETF by 86.1% in the third quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock valued at $21,285,000 after purchasing an additional 96,659 shares during the last quarter. Aspect Partners LLC lifted its stake in iShares U.S. Real Estate ETF by 1,287.6% in the third quarter. Aspect Partners LLC now owns 102,337 shares of the real estate investment trust’s stock valued at $10,425,000 after purchasing an additional 94,962 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in iShares U.S. Real Estate ETF during the third quarter valued at $7,896,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in iShares U.S. Real Estate ETF by 2,849.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 76,973 shares of the real estate investment trust’s stock worth $7,786,000 after buying an additional 74,363 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $99.62 on Friday. 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 $81.25 and a 1 year high of $104.04. The stock’s fifty day moving average price is $100.21 and its two-hundred day moving average price is $94.35.

iShares U.S. Real Estate ETF 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).