Janney Montgomery Scott LLC trimmed its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 20.4% in the third quarter, Holdings Channel reports. The fund owned 10,188 shares of the real estate investment trust’s stock after selling 2,615 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in iShares U.S. Real Estate ETF in the second quarter worth about $25,000. Sachetta LLC bought a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth $31,000. AlphaMark Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the third quarter worth $41,000. International Assets Investment Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at $37,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $69,000.
iShares U.S. Real Estate ETF Price Performance
iShares U.S. Real Estate ETF stock opened at $97.80 on Friday. The firm has a market capitalization of $3.30 billion, a PE ratio of 26.05 and a beta of 0.98. The company’s 50-day moving average is $100.40 and its 200-day moving average is $93.85. iShares U.S. Real Estate ETF has a fifty-two week low of $81.02 and a fifty-two week high of $104.04.
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).
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Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report).
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