iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Passaic Partners LLC

Passaic Partners LLC cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 19.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,751 shares of the real estate investment trust’s stock after selling 42,682 shares during the period. iShares U.S. Real Estate ETF comprises approximately 2.4% of Passaic Partners LLC’s holdings, making the stock its 9th largest holding. Passaic Partners LLC owned approximately 0.53% of iShares U.S. Real Estate ETF worth $16,635,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IYR. Barclays PLC grew its position in iShares U.S. Real Estate ETF by 5,921.5% during the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after acquiring an additional 9,829,412 shares during the last quarter. WealthNavi Inc. lifted its stake in shares of iShares U.S. Real Estate ETF by 1.6% in the 4th quarter. WealthNavi Inc. now owns 4,456,004 shares of the real estate investment trust’s stock valued at $414,676,000 after purchasing an additional 68,048 shares during the period. Cibc World Markets Corp lifted its stake in shares of iShares U.S. Real Estate ETF by 10.6% in the 4th quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock valued at $373,417,000 after purchasing an additional 382,943 shares during the period. Money Design Co. Ltd. raised its stake in iShares U.S. Real Estate ETF by 7.0% during the 4th quarter. Money Design Co. Ltd. now owns 525,048 shares of the real estate investment trust’s stock worth $48,451,000 after buying an additional 34,505 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after buying an additional 241,586 shares during the period.

iShares U.S. Real Estate ETF Trading Up 1.6 %

Shares of iShares U.S. Real Estate ETF stock opened at $96.12 on Tuesday. The stock’s fifty day simple moving average is $95.18 and its 200 day simple moving average is $97.66. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04. The company has a market capitalization of $3.79 billion, a PE ratio of 32.35 and a beta of 1.08.

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).