Commonwealth Equity Services LLC Reduces Stake in iShares U.S. Real Estate ETF $IYR

Commonwealth Equity Services LLC trimmed its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 10.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,014 shares of the real estate investment trust’s stock after selling 5,682 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.12% of iShares U.S. Real Estate ETF worth $4,696,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. WealthNavi Inc. grew its holdings in iShares U.S. Real Estate ETF by 10.2% during the fourth quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock valued at $548,218,000 after purchasing an additional 540,270 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares U.S. Real Estate ETF by 45.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 335,818 shares of the real estate investment trust’s stock worth $31,824,000 after acquiring an additional 105,669 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Real Estate ETF by 0.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 325,997 shares of the real estate investment trust’s stock worth $30,608,000 after acquiring an additional 920 shares during the last quarter. Cibc World Market Inc. increased its holdings in iShares U.S. Real Estate ETF by 1,235.6% in the 3rd quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock worth $30,966,000 after acquiring an additional 295,095 shares during the last quarter. Finally, Connable Office Inc. increased its holdings in iShares U.S. Real Estate ETF by 1.7% in the 4th quarter. Connable Office Inc. now owns 299,557 shares of the real estate investment trust’s stock worth $28,125,000 after acquiring an additional 5,112 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $102.54 on Monday. The business has a 50-day moving average of $100.29 and a 200 day moving average of $97.82. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $103.64. The firm has a market cap of $4.19 billion, a P/E ratio of 35.41 and a beta of 0.97.

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).