iShares U.S. Real Estate ETF $IYR Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC raised its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 69.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 790,403 shares of the real estate investment trust’s stock after purchasing an additional 322,881 shares during the period. Hsbc Holdings PLC’s holdings in iShares U.S. Real Estate ETF were worth $74,173,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in iShares U.S. Real Estate ETF in the 1st quarter valued at approximately $43,000. Flaharty Asset Management LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the first quarter worth $45,000. Harbour Investments Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at $72,000. Advantage Trust Co lifted its position in shares of iShares U.S. Real Estate ETF by 20.0% in the second quarter. Advantage Trust Co now owns 1,320 shares of the real estate investment trust’s stock valued at $125,000 after acquiring an additional 220 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Real Estate ETF during the second quarter valued at $153,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 0.4%

iShares U.S. Real Estate ETF stock opened at $96.90 on Friday. The stock has a 50-day moving average price of $95.85 and a 200 day moving average price of $95.66. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $103.27. The stock has a market cap of $3.81 billion, a PE ratio of 35.41 and a beta of 1.01.

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).