Consolidated Capital Management LLC Buys Shares of 51,797 iShares U.S. Real Estate ETF $IYR

Consolidated Capital Management LLC purchased a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 51,797 shares of the real estate investment trust’s stock, valued at approximately $4,863,000. iShares U.S. Real Estate ETF comprises approximately 1.5% of Consolidated Capital Management LLC’s investment portfolio, making the stock its 25th biggest position.

Several other large investors have also recently made changes to their positions in the stock. Moors & Cabot Inc. raised its position in shares of iShares U.S. Real Estate ETF by 1.3% in the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock worth $815,000 after acquiring an additional 108 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of iShares U.S. Real Estate ETF by 15.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock worth $84,000 after acquiring an additional 115 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of iShares U.S. Real Estate ETF by 1.1% in the 3rd quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock worth $1,074,000 after acquiring an additional 116 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in shares of iShares U.S. Real Estate ETF by 1.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 8,558 shares of the real estate investment trust’s stock worth $804,000 after acquiring an additional 156 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of iShares U.S. Real Estate ETF by 145.9% in the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 159 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR stock opened at $101.43 on Friday. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $103.64. The stock’s fifty day moving average price is $99.63 and its 200 day moving average price is $97.61. The company has a market cap of $4.15 billion, a price-to-earnings ratio of 35.41 and a beta of 0.99.

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).