iShares U.S. Real Estate ETF $IYR Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 92.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,663 shares of the real estate investment trust’s stock after selling 32,107 shares during the quarter. AE Wealth Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $259,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IYR. Harbour Investments Inc. acquired a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at about $72,000. Russell Investments Group Ltd. grew its position in iShares U.S. Real Estate ETF by 68.9% during the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 308 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new position in iShares U.S. Real Estate ETF in the third quarter valued at about $98,000. Cheviot Value Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at approximately $104,000. Finally, Chilton Capital Management LLC lifted its position in shares of iShares U.S. Real Estate ETF by 85.2% during the 3rd quarter. Chilton Capital Management LLC now owns 1,139 shares of the real estate investment trust’s stock valued at $111,000 after acquiring an additional 524 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Price Performance

IYR opened at $97.66 on Friday. The stock has a market cap of $4.14 billion, a P/E ratio of 35.41 and a beta of 1.01. The stock’s 50 day simple moving average is $95.15 and its 200 day simple moving average is $95.78. iShares U.S. Real Estate ETF has a 1-year low of $81.53 and a 1-year high of $99.62.

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).