Maven Securities LTD cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 45.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,621 shares of the real estate investment trust’s stock after selling 83,225 shares during the quarter. iShares U.S. Real Estate ETF comprises approximately 0.2% of Maven Securities LTD’s holdings, making the stock its 17th largest holding. Maven Securities LTD’s holdings in iShares U.S. Real Estate ETF were worth $9,666,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Glassy Mountain Advisors Inc. bought a new position in iShares U.S. Real Estate ETF during the third quarter valued at $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $39,000. Russell Investments Group Ltd. lifted its holdings in shares of iShares U.S. Real Estate ETF by 68.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 308 shares during the last quarter. Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $98,000. Finally, Cheviot Value Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $104,000. 98.41% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Real Estate ETF Trading Up 0.1%
Shares of NYSEARCA:IYR opened at $98.37 on Wednesday. iShares U.S. Real Estate ETF has a 12 month low of $81.53 and a 12 month high of $101.80. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01. The firm’s 50-day moving average is $98.00 and its 200 day moving average is $96.46.
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).
See Also
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