Connable Office Inc. Has $38.29 Million Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Connable Office Inc. grew its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 411,457 shares of the real estate investment trust’s stock after acquiring an additional 7,064 shares during the period. iShares U.S. Real Estate ETF makes up 4.0% of Connable Office Inc.’s investment portfolio, making the stock its 5th largest position. Connable Office Inc.’s holdings in iShares U.S. Real Estate ETF were worth $38,290,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Barclays PLC increased its stake in iShares U.S. Real Estate ETF by 5,921.5% during the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after purchasing an additional 9,829,412 shares in the last quarter. CenterStar Asset Management LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 101.6% in the 4th quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock valued at $408,000 after buying an additional 274,929 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Real Estate ETF by 140.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after buying an additional 241,586 shares during the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $17,701,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $14,771,000.

iShares U.S. Real Estate ETF Trading Up 0.8 %

NYSEARCA IYR opened at $98.41 on Friday. The company has a market cap of $4.06 billion, a PE ratio of 34.21 and a beta of 1.07. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04. The stock has a 50 day moving average of $94.47 and a 200-day moving average of $97.73.

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).