iShares U.S. Real Estate ETF $IYR Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 371,109 shares of the real estate investment trust’s stock after selling 5,250 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares U.S. Real Estate ETF were worth $35,092,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Omega Financial Group LLC grew its position in shares of iShares U.S. Real Estate ETF by 1,154.9% in 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 period. Apella Capital LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 287.4% in 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 purchasing an additional 8,658 shares during the period. Checchi Capital Advisers LLC raised its holdings 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. Comerica Bank lifted its stake in 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 last quarter. Finally, SG Americas Securities LLC grew its holdings in iShares U.S. Real Estate ETF by 56.0% during the fourth quarter. SG Americas Securities LLC now owns 180,632 shares of the real estate investment trust’s stock worth $16,960,000 after purchasing an additional 64,811 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Down 0.2%

Shares of NYSEARCA IYR opened at $104.71 on Friday. The business’s 50 day moving average price is $102.87 and its two-hundred day moving average price is $99.92. The company has a market cap of $4.52 billion, a PE ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a twelve month low of $92.45 and a twelve month high of $107.37.

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).