Rebalance LLC Lowers Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rebalance LLC decreased its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,343 shares of the real estate investment trust’s stock after selling 4,310 shares during the period. iShares U.S. Real Estate ETF comprises 0.4% of Rebalance LLC’s portfolio, making the stock its 23rd largest holding. Rebalance LLC’s holdings in iShares U.S. Real Estate ETF were worth $5,682,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IYR. Clear Investment Research LLC raised its position in shares of iShares U.S. Real Estate ETF by 5.0% in the fourth quarter. Clear Investment Research LLC now owns 2,301 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 109 shares during the last quarter. Optimum Investment Advisors grew its holdings in iShares U.S. Real Estate ETF by 8.2% in the fourth quarter. Optimum Investment Advisors now owns 1,612 shares of the real estate investment trust’s stock valued at $150,000 after purchasing an additional 122 shares during the period. Sound Income Strategies LLC grew its holdings in iShares U.S. Real Estate ETF by 2.1% in the first quarter. Sound Income Strategies LLC now owns 6,984 shares of the real estate investment trust’s stock valued at $669,000 after purchasing an additional 146 shares during the period. Investment Advisory Group LLC grew its holdings in iShares U.S. Real Estate ETF by 3.8% in the first quarter. Investment Advisory Group LLC now owns 4,134 shares of the real estate investment trust’s stock valued at $396,000 after purchasing an additional 150 shares during the period. Finally, Scotia Capital Inc. grew its holdings in iShares U.S. Real Estate ETF by 2.3% in the fourth quarter. Scotia Capital Inc. now owns 8,553 shares of the real estate investment trust’s stock valued at $796,000 after purchasing an additional 190 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $95.06 on Monday. iShares U.S. Real Estate ETF has a 1 year low of $81.53 and a 1 year high of $104.04. The firm has a 50 day moving average price of $93.00 and a 200 day moving average price of $94.35. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 31.45 and a beta of 1.02.

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).