Rockefeller Capital Management L.P. lowered its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 13.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,782 shares of the real estate investment trust’s stock after selling 14,034 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.21% of iShares U.S. Real Estate ETF worth $8,336,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in IYR. Barclays PLC grew its position in iShares U.S. Real Estate ETF by 1.8% during the fourth quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock worth $587,763,000 after buying an additional 108,864 shares in the last quarter. WealthNavi Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 10.2% in the 4th quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock valued at $548,218,000 after acquiring an additional 540,270 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $399,722,000. Cibc World Markets Corp bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $322,756,000. Finally, Price T Rowe Associates Inc. MD bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $276,312,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Trading Up 0.2%
Shares of NYSEARCA IYR opened at $103.10 on Friday. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $104.74. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 35.41 and a beta of 0.97. The business has a 50-day moving average of $101.98 and a 200-day moving average of $98.51.
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).
Further Reading
- Five stocks we like better than iShares U.S. Real Estate ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report).
Receive News & Ratings for iShares U.S. Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
