Sequoia Financial Advisors LLC Decreases Stock Position in iShares U.S. Real Estate ETF $IYR

Sequoia Financial Advisors LLC lessened its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 4.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,237 shares of the real estate investment trust’s stock after selling 592 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,254,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Courage Miller Partners LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 5.7% in the second quarter. Courage Miller Partners LLC now owns 6,872 shares of the real estate investment trust’s stock valued at $651,000 after purchasing an additional 373 shares during the last quarter. CWM LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 37.2% in the second quarter. CWM LLC now owns 2,182 shares of the real estate investment trust’s stock valued at $207,000 after purchasing an additional 592 shares during the last quarter. Clear Creek Financial Management LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 425.1% in the second quarter. Clear Creek Financial Management LLC now owns 39,279 shares of the real estate investment trust’s stock valued at $3,722,000 after purchasing an additional 31,799 shares during the last quarter. Lakeshore Capital Group Inc. increased its holdings in shares of iShares U.S. Real Estate ETF by 3.7% in the second quarter. Lakeshore Capital Group Inc. now owns 3,405 shares of the real estate investment trust’s stock valued at $323,000 after purchasing an additional 120 shares during the last quarter. Finally, CFM Wealth Partners LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 3.2% in the second quarter. CFM Wealth Partners LLC now owns 5,170 shares of the real estate investment trust’s stock valued at $490,000 after purchasing an additional 159 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA:IYR opened at $96.95 on Friday. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $103.46. The stock has a market cap of $3.69 billion, a PE ratio of 35.41 and a beta of 0.91. The stock has a 50 day moving average price of $96.33 and a 200 day moving average price of $94.75.

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).