Global Endowment Management LP Acquires 22,860 Shares of iShares U.S. Real Estate ETF $IYR

Global Endowment Management LP raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 16.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 158,940 shares of the real estate investment trust’s stock after buying an additional 22,860 shares during the period. iShares U.S. Real Estate ETF makes up 1.9% of Global Endowment Management LP’s portfolio, making the stock its 15th biggest holding. Global Endowment Management LP’s holdings in iShares U.S. Real Estate ETF were worth $14,923,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of IYR. Brighton Jones LLC raised its position in iShares U.S. Real Estate ETF by 19.8% in the fourth quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 466 shares during the last quarter. Russell Investments Group Ltd. raised its position in iShares U.S. Real Estate ETF by 68.9% in the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 308 shares during the last quarter. Baird Financial Group Inc. raised its position in iShares U.S. Real Estate ETF by 8.0% in the second quarter. Baird Financial Group Inc. now owns 16,142 shares of the real estate investment trust’s stock valued at $1,530,000 after purchasing an additional 1,200 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in iShares U.S. Real Estate ETF in the second quarter valued at about $213,000. Finally, Bank of Nova Scotia bought a new position in iShares U.S. Real Estate ETF in the second quarter valued at about $592,000. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Trading Up 0.9%

iShares U.S. Real Estate ETF stock opened at $104.37 on Friday. The company has a market capitalization of $4.27 billion, a PE ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $104.74. The stock has a 50-day moving average price of $101.24 and a two-hundred day moving average price of $98.11.

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).