iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Blue Trust Inc.

Blue Trust Inc. reduced its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 16.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 910 shares of the real estate investment trust’s stock after selling 180 shares during the quarter. Blue Trust Inc.’s holdings in iShares U.S. Real Estate ETF were worth $93,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IYR. Cetera Investment Advisers increased its position in iShares U.S. Real Estate ETF by 3.3% in the second quarter. Cetera Investment Advisers now owns 32,243 shares of the real estate investment trust’s stock worth $2,829,000 after buying an additional 1,036 shares during the period. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth about $385,000. Watts Gwilliam & Co. LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $391,000. Christopher J. Hasenberg Inc acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $2,801,000. Finally, Koshinski Asset Management Inc. bought a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at about $395,000.

iShares U.S. Real Estate ETF Trading Down 0.4 %

NYSEARCA IYR opened at $95.94 on Friday. The company has a 50-day moving average price of $94.84 and a two-hundred day moving average price of $97.46. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The stock has a market cap of $3.24 billion, a price-to-earnings 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).