Makena Capital Management LLC reduced its position in shares of iShares US Real Estate ETF (NYSE:IYR) by 10.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,363 shares of the real estate investment trust’s stock after selling 8,043 shares during the period. iShares US Real Estate ETF accounts for approximately 0.7% of Makena Capital Management LLC’s portfolio, making the stock its 11th largest position. Makena Capital Management LLC’s holdings in iShares US Real Estate ETF were worth $5,453,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Good Life Advisors LLC bought a new stake in shares of iShares US Real Estate ETF during the second quarter valued at about $215,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares US Real Estate ETF by 2.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 18,493 shares of the real estate investment trust’s stock valued at $1,475,000 after buying an additional 399 shares during the last quarter. Buckingham Asset Management LLC increased its stake in shares of iShares US Real Estate ETF by 67.2% in the second quarter. Buckingham Asset Management LLC now owns 5,152 shares of the real estate investment trust’s stock valued at $411,000 after buying an additional 2,070 shares during the last quarter. Boys Arnold & Co. Inc. increased its stake in shares of iShares US Real Estate ETF by 11.5% in the second quarter. Boys Arnold & Co. Inc. now owns 9,684 shares of the real estate investment trust’s stock valued at $772,000 after buying an additional 1,000 shares during the last quarter. Finally, Karp Capital Management Corp increased its stake in iShares US Real Estate ETF by 0.6% in the second quarter. Karp Capital Management Corp now owns 29,733 shares of the real estate investment trust’s stock worth $2,372,000 after buying an additional 178 shares in the last quarter.

iShares US Real Estate ETF (NYSE IYR) traded down 0.31% during midday trading on Wednesday, reaching $80.00. 567,909 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $79.99 and a 200 day moving average price of $79.36. iShares US Real Estate ETF has a 12 month low of $72.11 and a 12 month high of $84.36. iShares US Real Estate ETF also saw some unusual options trading on Tuesday. Stock traders purchased 9,385 put options on the company. This represents an increase of 138% compared to the typical daily volume of 3,951 put options.

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About iShares US 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).

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSE:IYR)

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