Truist Financial Corp Sells 2,047 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Truist Financial Corp lessened its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 4.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 43,245 shares of the real estate investment trust’s stock after selling 2,047 shares during the period. Truist Financial Corp owned 0.13% of iShares U.S. Real Estate ETF worth $3,794,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IYR. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Real Estate ETF by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock worth $16,593,000 after purchasing an additional 8,626 shares in the last quarter. Toronto Dominion Bank bought a new position in iShares U.S. Real Estate ETF in the 2nd quarter worth $88,000. RiverGlades Family Offices LLC increased its stake in iShares U.S. Real Estate ETF by 3.4% in the 2nd quarter. RiverGlades Family Offices LLC now owns 25,083 shares of the real estate investment trust’s stock worth $2,201,000 after buying an additional 835 shares in the last quarter. Capstone Triton Financial Group LLC raised its holdings in iShares U.S. Real Estate ETF by 2.2% during 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 acquiring an additional 174 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Real Estate ETF by 1.7% in the second quarter. Thrivent Financial for Lutherans now owns 8,594 shares of the real estate investment trust’s stock valued at $754,000 after acquiring an additional 144 shares in the last quarter.

iShares U.S. Real Estate ETF Trading Up 0.2 %

NYSEARCA:IYR opened at $98.73 on Wednesday. The stock has a 50-day moving average price of $98.97 and a 200 day moving average price of $91.34. The stock has a market capitalization of $3.33 billion, a P/E ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12-month low of $72.88 and a 12-month high of $104.04.

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).