JPMorgan Chase & Co. trimmed its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 85.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 142,856 shares of the real estate investment trust’s stock after selling 872,030 shares during the period. JPMorgan Chase & Co. owned 0.36% of iShares U.S. Real Estate ETF worth $13,869,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of iShares U.S. Real Estate ETF by 19.8% during the fourth quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 466 shares during the period. J.W. Cole Advisors Inc. boosted its position in iShares U.S. Real Estate ETF by 3.5% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,279 shares of the real estate investment trust’s stock worth $595,000 after acquiring an additional 212 shares during the period. Russell Investments Group Ltd. grew its stake in shares of 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 worth $72,000 after purchasing an additional 308 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares U.S. Real Estate ETF by 2.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 242,821 shares of the real estate investment trust’s stock worth $23,012,000 after purchasing an additional 6,544 shares in the last quarter. Finally, Crossingbridge Advisors LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the second quarter valued at $1,883,000. Institutional investors own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Stock Down 0.8%
Shares of NYSEARCA IYR opened at $92.61 on Friday. The stock has a market cap of $3.92 billion, a P/E ratio of 35.41 and a beta of 1.01. The firm’s 50-day simple moving average is $97.77 and its 200 day simple moving average is $96.32. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $101.80.
iShares U.S. Real Estate ETF Profile
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).
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