Sigma Planning Corp Reduces Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sigma Planning Corp cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 59.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,853 shares of the real estate investment trust’s stock after selling 4,252 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Real Estate ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. Citigroup Inc. grew its position in iShares U.S. Real Estate ETF by 592.7% in the third quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock worth $80,857,000 after acquiring an additional 1,244,785 shares during the period. Morgan Stanley grew its position in iShares U.S. Real Estate ETF by 28.4% in the third quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock worth $365,289,000 after acquiring an additional 1,033,819 shares during the period. Qube Research & Technologies Ltd purchased a new position in iShares U.S. Real Estate ETF in the third quarter worth approximately $19,261,000. Pathstone Family Office LLC purchased a new position in iShares U.S. Real Estate ETF in the third quarter worth approximately $17,586,000. Finally, International Assets Investment Management LLC purchased a new position in iShares U.S. Real Estate ETF in the fourth quarter worth approximately $9,952,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of iShares U.S. Real Estate ETF stock opened at $83.24 on Monday. The firm has a market capitalization of $3.63 billion, a price-to-earnings ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a fifty-two week low of $72.88 and a fifty-two week high of $92.85. The stock has a 50 day moving average of $87.14 and a 200 day moving average of $85.66.

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).