Bank of Montreal Can Has $11.93 Million Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bank of Montreal Can cut its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 11.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 135,606 shares of the real estate investment trust’s stock after selling 16,710 shares during the period. Bank of Montreal Can’s holdings in iShares U.S. Real Estate ETF were worth $11,925,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cibc World Markets Corp grew its position in iShares U.S. Real Estate ETF by 132,707.9% during the fourth quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after purchasing an additional 4,644,778 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of iShares U.S. Real Estate ETF by 1,830.7% during the 4th quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock worth $111,916,000 after purchasing an additional 1,160,912 shares in the last quarter. Aspect Partners LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $15,342,000. Washington Trust Bank grew its stake in shares of iShares U.S. Real Estate ETF by 231.1% in the 4th quarter. Washington Trust Bank now owns 237,470 shares of the real estate investment trust’s stock valued at $21,707,000 after buying an additional 165,743 shares in the last quarter. Finally, 1832 Asset Management L.P. raised its position in iShares U.S. Real Estate ETF by 1,141.8% during the fourth quarter. 1832 Asset Management L.P. now owns 161,763 shares of the real estate investment trust’s stock valued at $14,787,000 after acquiring an additional 148,736 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Up 0.2 %

Shares of IYR opened at $101.15 on Monday. iShares U.S. Real Estate ETF has a 12 month low of $72.88 and a 12 month high of $104.04. The company’s fifty day moving average is $98.03 and its 200-day moving average is $90.76. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

iShares U.S. Real Estate ETF 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).