iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Financial & Tax Architects LLC

Financial & Tax Architects LLC cut its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,761 shares of the real estate investment trust’s stock after selling 163 shares during the period. Financial & Tax Architects LLC’s holdings in iShares U.S. Real Estate ETF were worth $593,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IYR. Connable Office Inc. acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter valued at about $31,048,000. Sentinel Trust Co. LBA acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter valued at about $463,000. Corient Private Wealth LLC boosted its stake in iShares U.S. Real Estate ETF by 82.0% during the 4th quarter. Corient Private Wealth LLC now owns 382,339 shares of the real estate investment trust’s stock valued at $34,950,000 after purchasing an additional 172,276 shares during the period. Sand Hill Global Advisors LLC boosted its stake in iShares U.S. Real Estate ETF by 1,436.0% during the 4th quarter. Sand Hill Global Advisors LLC now owns 159,931 shares of the real estate investment trust’s stock valued at $14,619,000 after purchasing an additional 149,519 shares during the period. Finally, Principal Securities Inc. acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter valued at about $65,000.

iShares U.S. Real Estate ETF Stock Down 0.8 %

iShares U.S. Real Estate ETF stock opened at $102.76 on Wednesday. The firm has a 50-day moving average price of $96.40 and a two-hundred day moving average price of $90.08. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week high of $103.94.

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).