Barclays PLC lifted its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,260,125 shares of the real estate investment trust’s stock after purchasing an additional 108,864 shares during the period. Barclays PLC owned 14.78% of iShares U.S. Real Estate ETF worth $587,763,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of IYR. Assetmark Inc. increased its holdings in shares of iShares U.S. Real Estate ETF by 145.9% in the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 159 shares in the last quarter. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $28,000. Fifth Third Bancorp acquired a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $38,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at approximately $39,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Price Performance
Shares of iShares U.S. Real Estate ETF stock opened at $104.37 on Friday. The firm has a market cap of $4.27 billion, a P/E ratio of 35.41 and a beta of 0.97. The firm has a 50 day simple moving average of $101.24 and a 200 day simple moving average of $98.11. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $104.74.
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).
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