Captrust Financial Advisors reduced its position in iShares US Real Estate ETF (NYSEARCA:IYR) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,808 shares of the real estate investment trust’s stock after selling 45,087 shares during the quarter. iShares US Real Estate ETF accounts for approximately 1.3% of Captrust Financial Advisors’ investment portfolio, making the stock its 9th largest holding. Captrust Financial Advisors owned approximately 0.53% of iShares US Real Estate ETF worth $22,262,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of IYR. Capital Investment Advisors LLC acquired a new position in iShares US Real Estate ETF in the fourth quarter valued at approximately $138,000. Asset Dedication LLC raised its stake in shares of iShares US Real Estate ETF by 9,340.0% during the 4th quarter. Asset Dedication LLC now owns 1,888 shares of the real estate investment trust’s stock worth $154,000 after buying an additional 1,868 shares during the period. IndexIQ Advisors LLC acquired a new position in shares of iShares US Real Estate ETF during the 3rd quarter worth approximately $170,000. B. Riley Financial Inc. purchased a new stake in shares of iShares US Real Estate ETF during the third quarter worth approximately $202,000. Finally, Smith Moore & CO. purchased a new stake in shares of iShares US Real Estate ETF during the fourth quarter worth approximately $208,000.
Shares of iShares US Real Estate ETF stock opened at $76.48 on Monday. The stock has a market capitalization of $3,160.00 and a price-to-earnings ratio of 8.45. iShares US Real Estate ETF has a twelve month low of $71.26 and a twelve month high of $83.27.
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iShares US 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).
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