TradeLink Capital LLC acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,200 shares of the real estate investment trust’s stock, valued at approximately $864,000. iShares U.S. Real Estate ETF makes up 6.9% of TradeLink Capital LLC’s portfolio, making the stock its 3rd biggest holding.
A number of other institutional investors also recently modified their holdings of IYR. Brighton Jones LLC increased its stake 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 in the last quarter. Russell Investments Group Ltd. boosted its position in shares of iShares U.S. Real Estate ETF by 68.9% during the 2nd 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. Baird Financial Group Inc. grew its stake in shares of iShares U.S. Real Estate ETF by 8.0% in the 2nd quarter. Baird Financial Group Inc. now owns 16,142 shares of the real estate investment trust’s stock valued at $1,530,000 after buying an additional 1,200 shares during the period. Gamco Investors INC. ET AL acquired a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at about $213,000. Finally, Bank of Nova Scotia bought a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at about $592,000. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Stock Performance
IYR stock opened at $102.84 on Tuesday. The stock’s 50 day simple moving average is $98.84 and its 200 day simple moving average is $97.02. iShares U.S. Real Estate ETF has a fifty-two week low of $91.40 and a fifty-two week high of $103.58. The company has a market cap of $4.21 billion, a P/E ratio of 35.41 and a beta of 0.99.
iShares U.S. Real Estate ETF Company 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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