Kwmg LLC trimmed its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Rating) by 17.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,675 shares of the real estate investment trust’s stock after selling 1,373 shares during the period. Kwmg LLC’s holdings in iShares U.S. Real Estate ETF were worth $562,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in shares of iShares U.S. Real Estate ETF by 55.3% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 295 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 105 shares in the last quarter. MinichMacGregor Wealth Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth approximately $45,000. Worth Asset Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $44,000. Heritage Wealth Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $58,000. Finally, Oxford Financial Group Ltd. purchased a new position in shares of iShares U.S. Real Estate ETF during the 1st quarter worth approximately $69,000.
iShares U.S. Real Estate ETF Trading Down 2.2 %
Shares of IYR stock opened at $82.06 on Friday. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 28.43 and a beta of 0.87. The stock has a 50 day simple moving average of $88.96 and a 200-day simple moving average of $86.81. iShares U.S. Real Estate ETF has a 12-month low of $75.66 and a 12-month high of $113.13.
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).
Recommended Stories
- Get a free copy of the StockNews.com research report on iShares U.S. Real Estate ETF (IYR)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
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 – Get Rating).
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.