SG Americas Securities LLC boosted its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 123.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 403,457 shares of the real estate investment trust’s stock after buying an additional 222,825 shares during the quarter. SG Americas Securities LLC’s holdings in iShares U.S. Real Estate ETF were worth $38,151,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in IYR. Tillman Hartley LLC bought a new position in iShares U.S. Real Estate ETF in the third quarter valued at approximately $1,259,000. Omega Financial Group LLC raised its position in shares of iShares U.S. Real Estate ETF by 1,154.9% during the 4th quarter. Omega Financial Group LLC now owns 66,072 shares of the real estate investment trust’s stock valued at $6,204,000 after acquiring an additional 60,807 shares during the last quarter. Apella Capital LLC raised its position in shares of iShares U.S. Real Estate ETF by 287.4% during the 4th quarter. Apella Capital LLC now owns 11,671 shares of the real estate investment trust’s stock valued at $1,096,000 after acquiring an additional 8,658 shares during the last quarter. Checchi Capital Advisers LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 31.8% in the 4th quarter. Checchi Capital Advisers LLC now owns 36,932 shares of the real estate investment trust’s stock valued at $3,468,000 after purchasing an additional 8,906 shares during the period. Finally, Comerica Bank lifted its stake in shares of iShares U.S. Real Estate ETF by 31.5% in the 4th quarter. Comerica Bank now owns 25,519 shares of the real estate investment trust’s stock valued at $2,396,000 after purchasing an additional 6,119 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.
iShares U.S. Real Estate ETF Stock Up 1.4%
NYSEARCA:IYR opened at $102.99 on Wednesday. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $104.74. The stock’s fifty day simple moving average is $101.86 and its 200-day simple moving average is $98.40. The firm has a market capitalization of $4.21 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).
See Also
- Five stocks we like better than iShares U.S. Real Estate ETF
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report).
Receive News & Ratings for iShares U.S. Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
