Stevens Capital Management LP Takes Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Stevens Capital Management LP purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 42,200 shares of the real estate investment trust’s stock, valued at approximately $3,858,000. iShares U.S. Real Estate ETF accounts for approximately 1.0% of Stevens Capital Management LP’s investment portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of IYR. Cetera Trust Company N.A acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter worth about $27,000. Wagner Wealth Management LLC acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter worth about $37,000. U S Global Investors Inc. acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter worth about $37,000. Tucker Asset Management LLC boosted its position in iShares U.S. Real Estate ETF by 742.0% during the 3rd quarter. Tucker Asset Management LLC now owns 421 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 371 shares during the period. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth about $39,000.

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

NYSEARCA IYR traded up $0.13 during trading on Friday, reaching $83.24. 4,978,874 shares of the company’s stock were exchanged, compared to its average volume of 6,623,192. iShares U.S. Real Estate ETF has a fifty-two week low of $72.88 and a fifty-two week high of $92.85. The company’s fifty day simple moving average is $87.22 and its 200-day simple moving average is $85.52. The firm has a market capitalization of $3.63 billion, a PE ratio of 25.26 and a beta of 0.99.

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).