Hsbc Holdings PLC Has $203,000 Stock Position in iShares U.S. Real Estate ETF $IYR

Hsbc Holdings PLC lowered its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 99.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,148 shares of the real estate investment trust’s stock after selling 4,243,578 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares U.S. Real Estate ETF were worth $203,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IYR. Assetmark Inc. lifted its position in iShares U.S. Real Estate ETF by 145.9% during the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 159 shares during the period. Modus Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth approximately $28,000. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth approximately $38,000. AlphaCore Capital LLC acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $47,000. Finally, Godfrey Financial Associates Inc. acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $47,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $105.23 on Tuesday. iShares U.S. Real Estate ETF has a 52-week low of $92.45 and a 52-week high of $108.17. The stock has a market cap of $4.80 billion, a PE ratio of 35.41 and a beta of 0.97. The firm’s 50 day moving average price is $103.50 and its two-hundred day moving average price is $100.49.

iShares U.S. Real Estate ETF 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).