Franklin Resources Inc. Raises Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Franklin Resources Inc. boosted its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 19.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,031 shares of the real estate investment trust’s stock after buying an additional 325 shares during the quarter. Franklin Resources Inc.’s holdings in iShares U.S. Real Estate ETF were worth $203,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of IYR. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $2,120,000. Virtu Financial LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 48.1% during the third quarter. Virtu Financial LLC now owns 90,221 shares of the real estate investment trust’s stock valued at $9,191,000 after buying an additional 29,285 shares during the period. M&T Bank Corp boosted its position in iShares U.S. Real Estate ETF by 14.0% during the third quarter. M&T Bank Corp now owns 8,150 shares of the real estate investment trust’s stock worth $830,000 after acquiring an additional 1,001 shares during the last quarter. Barclays PLC boosted its position in iShares U.S. Real Estate ETF by 5,921.5% during the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after acquiring an additional 9,829,412 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in iShares U.S. Real Estate ETF by 76.0% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 8,800 shares of the real estate investment trust’s stock worth $896,000 after acquiring an additional 3,800 shares during the period.

iShares U.S. Real Estate ETF Stock Down 0.8 %

Shares of iShares U.S. Real Estate ETF stock opened at $92.29 on Friday. iShares U.S. Real Estate ETF has a fifty-two week low of $81.25 and a fifty-two week high of $104.04. The business’s fifty day moving average is $97.74 and its two-hundred day moving average is $96.60. The firm has a market cap of $3.11 billion, a PE ratio of 26.05 and a beta of 0.98.

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).