Wealthspire Advisors LLC Decreases Stake in iShares U.S. Real Estate ETF $IYR

Wealthspire Advisors LLC lessened its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 54.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,170 shares of the real estate investment trust’s stock after selling 12,100 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $964,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Citigroup Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 149.4% in the 2nd quarter. Citigroup Inc. now owns 1,807,775 shares of the real estate investment trust’s stock valued at $171,323,000 after acquiring an additional 1,083,044 shares during the period. Jones Financial Companies Lllp raised its position in iShares U.S. Real Estate ETF by 43,235.4% in the first quarter. Jones Financial Companies Lllp now owns 913,511 shares of the real estate investment trust’s stock valued at $95,014,000 after purchasing an additional 911,403 shares during the period. Maven Securities LTD lifted its stake in shares of iShares U.S. Real Estate ETF by 111.2% during the first quarter. Maven Securities LTD now owns 74,443 shares of the real estate investment trust’s stock worth $7,128,000 after purchasing an additional 741,127 shares in the last quarter. WealthNavi Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 4.2% in the second quarter. WealthNavi Inc. now owns 4,895,086 shares of the real estate investment trust’s stock worth $463,907,000 after buying an additional 198,229 shares during the period. Finally, Yeomans Consulting Group Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the second quarter worth about $11,703,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR opened at $93.63 on Friday. The company has a market cap of $3.68 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $103.46. The business’s 50-day simple moving average is $95.96 and its 200 day simple moving average is $95.58.

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).