Consolidated Capital Management LLC Invests $4.86 Million in iShares U.S. Real Estate ETF $IYR

Consolidated Capital Management LLC bought a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 51,797 shares of the real estate investment trust’s stock, valued at approximately $4,863,000. iShares U.S. Real Estate ETF accounts for 1.5% of Consolidated Capital Management LLC’s investment portfolio, making the stock its 25th biggest position. Consolidated Capital Management LLC owned about 0.12% of iShares U.S. Real Estate ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in iShares U.S. Real Estate ETF by 19.8% during the 4th quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock valued at $262,000 after acquiring an additional 466 shares during the period. Russell Investments Group Ltd. boosted its holdings in iShares U.S. Real Estate ETF by 68.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 308 shares during the period. Baird Financial Group Inc. boosted its holdings in iShares U.S. Real Estate ETF by 8.0% during the 2nd quarter. Baird Financial Group Inc. now owns 16,142 shares of the real estate investment trust’s stock valued at $1,530,000 after acquiring an additional 1,200 shares during the period. Gamco Investors INC. ET AL purchased a new position in iShares U.S. Real Estate ETF during the 2nd quarter valued at $213,000. Finally, Bank of Nova Scotia purchased a new position in iShares U.S. Real Estate ETF during the 2nd quarter valued at $592,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Down 0.9%

IYR opened at $101.43 on Friday. The business has a fifty day moving average of $99.63 and a 200 day moving average of $97.61. iShares U.S. Real Estate ETF has a 52-week low of $92.45 and a 52-week high of $103.64. The stock has a market cap of $4.15 billion, a P/E ratio of 35.41 and a beta of 0.99.

iShares U.S. Real Estate ETF 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).