Asset Management One Co. Ltd. boosted its stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR – Free Report) by 83.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 42,700 shares of the real estate investment trust’s stock after purchasing an additional 19,470 shares during the quarter. Asset Management One Co. Ltd.’s holdings in iShares US Real Estate ETF were worth $3,625,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of IYR. Barclays PLC grew its holdings in shares of iShares US Real Estate ETF by 59.1% during the fourth quarter. Barclays PLC now owns 6,614,621 shares of the real estate investment trust’s stock valued at $556,885,000 after buying an additional 2,456,124 shares in the last quarter. Bank of Nova Scotia acquired a new position in shares of iShares US Real Estate ETF in the 4th quarter valued at about $101,028,000. UBS Asset Management Americas Inc. purchased a new stake in shares of iShares US Real Estate ETF in the third quarter worth approximately $26,878,000. WealthNavi Inc. boosted its holdings in shares of iShares US Real Estate ETF by 10.6% during the first quarter. WealthNavi Inc. now owns 3,376,754 shares of the real estate investment trust’s stock worth $286,686,000 after purchasing an additional 324,761 shares during the period. Finally, CI Private Wealth LLC purchased a new position in iShares US Real Estate ETF during the fourth quarter valued at approximately $26,282,000.
iShares US Real Estate ETF Stock Down 0.1 %
IYR stock opened at $89.15 on Friday. The company has a 50 day moving average of $84.61 and a two-hundred day moving average of $85.86. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 28.43 and a beta of 0.91. iShares US Real Estate ETF has a 12-month low of $75.66 and a 12-month high of $103.36.
iShares US Real Estate ETF Profile
(Free Report)
iShares US Real Estate ETF, formerly iShares Dow Jones US 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 US 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
Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Real Estate ETF (NYSEARCA:IYR – Free Report).
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