Sequoia Financial Advisors LLC Has $1.28 Million Stock Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sequoia Financial Advisors LLC cut its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 37.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,746 shares of the real estate investment trust’s stock after selling 8,229 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,279,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in shares of 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 last quarter. Franklin Resources Inc. lifted its holdings in shares of iShares U.S. Real Estate ETF by 19.1% in the third quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock worth $203,000 after acquiring an additional 325 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of iShares U.S. Real Estate ETF by 5.6% in the 4th quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock valued at $361,000 after purchasing an additional 207 shares in the last quarter. Principal Financial Group Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at approximately $4,176,000. Finally, Principal Securities Inc. increased its position in iShares U.S. Real Estate ETF by 67.9% during the 4th quarter. Principal Securities Inc. now owns 2,465 shares of the real estate investment trust’s stock worth $229,000 after purchasing an additional 997 shares in the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA:IYR opened at $94.63 on Friday. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The company has a market cap of $3.73 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08. The firm has a 50 day simple moving average of $95.11 and a 200 day simple moving average of $97.68.

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).