Cibc World Market Inc. Decreases Stock Holdings in iShares U.S. Real Estate ETF $IYR

Cibc World Market Inc. decreased its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 22.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 246,434 shares of the real estate investment trust’s stock after selling 72,543 shares during the period. Cibc World Market Inc. owned about 0.58% of iShares U.S. Real Estate ETF worth $23,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Moors & Cabot Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock valued at $815,000 after buying an additional 108 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of iShares U.S. Real Estate ETF by 15.2% during the 3rd quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock valued at $84,000 after buying an additional 115 shares in the last quarter. Centaurus Financial Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 1.1% during the 3rd quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock valued at $1,074,000 after buying an additional 116 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 1.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 8,558 shares of the real estate investment trust’s stock valued at $804,000 after buying an additional 156 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 145.9% during the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 159 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $102.54 on Friday. The business has a fifty day moving average price of $100.29 and a 200 day moving average price of $97.80. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $103.64. The company has a market cap of $4.19 billion, a P/E ratio of 35.41 and a beta of 0.97.

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).