Makena Capital Management LLC trimmed its stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR) by 8.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,791 shares of the real estate investment trust’s stock after selling 5,572 shares during the quarter. iShares US Real Estate ETF makes up about 0.7% of Makena Capital Management LLC’s portfolio, making the stock its 10th largest holding. Makena Capital Management LLC owned about 0.13% of iShares US Real Estate ETF worth $5,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC acquired a new position in iShares US Real Estate ETF during the 3rd quarter worth approximately $106,000. Fiduciary Trust Co. bought a new stake in iShares US Real Estate ETF during the 2nd quarter worth approximately $108,000. IndexIQ Advisors LLC bought a new stake in iShares US Real Estate ETF during the 3rd quarter worth approximately $170,000. Jaffetilchin Investment Partners LLC bought a new stake in iShares US Real Estate ETF during the 2nd quarter worth approximately $204,000. Finally, HL Financial Services LLC bought a new stake in iShares US Real Estate ETF during the 2nd quarter worth approximately $214,000.

iShares US Real Estate ETF (IYR) traded down $0.17 on Tuesday, reaching $81.97. 4,312,100 shares of the company’s stock were exchanged, compared to its average volume of 6,589,512. iShares US Real Estate ETF has a 52-week low of $73.39 and a 52-week high of $83.00.

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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 (NYSEARCA:IYR)

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