Jones Financial Companies Lllp raised its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 109.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,108 shares of the real estate investment trust’s stock after buying an additional 1,101 shares during the quarter. Jones Financial Companies Lllp’s holdings in iShares U.S. Real Estate ETF were worth $196,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Connable Office Inc. grew its holdings in iShares U.S. Real Estate ETF by 1.7% in the 4th quarter. Connable Office Inc. now owns 411,457 shares of the real estate investment trust’s stock valued at $38,290,000 after buying an additional 7,064 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 5.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock worth $361,000 after purchasing an additional 207 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $3,690,000. Checchi Capital Advisers LLC increased its position in shares of iShares U.S. Real Estate ETF by 28.6% during the fourth quarter. Checchi Capital Advisers LLC now owns 38,957 shares of the real estate investment trust’s stock valued at $3,625,000 after purchasing an additional 8,664 shares during the period. Finally, Ascension Capital Advisors Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $7,762,000.
iShares U.S. Real Estate ETF Trading Down 1.9 %
IYR opened at $92.74 on Friday. The stock has a market cap of $3.66 billion, a PE ratio of 32.35 and a beta of 1.08. 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 50 day simple moving average is $95.08 and its 200-day simple moving average is $97.72.
iShares U.S. Real Estate ETF Company 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).
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