LMR Partners LLP Purchases New Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

LMR Partners LLP purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, Holdings Channel reports. The firm purchased 13,668 shares of the real estate investment trust’s stock, valued at approximately $1,272,000.

Other large investors have also recently modified their holdings of the company. Oppenheimer & Co. Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 5.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock valued at $361,000 after purchasing an additional 207 shares during the period. Principal Financial Group Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $4,176,000. Jones Financial Companies Lllp boosted its holdings in shares of iShares U.S. Real Estate ETF by 109.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock valued at $196,000 after purchasing an additional 1,101 shares during the period. Principal Securities Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 67.9% in the fourth quarter. Principal Securities Inc. now owns 2,465 shares of the real estate investment trust’s stock valued at $229,000 after purchasing an additional 997 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Real Estate ETF by 37.4% in the fourth quarter. JPMorgan Chase & Co. now owns 568,030 shares of the real estate investment trust’s stock valued at $52,861,000 after purchasing an additional 154,705 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR opened at $93.50 on Wednesday. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 31.19 and a beta of 1.02. The stock has a 50 day moving average price of $92.89 and a 200 day moving average price of $95.21. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $104.04.

iShares U.S. Real Estate ETF Company 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).