SBI Securities Co. Ltd. Has $2.75 Million Stock Position in iShares U.S. Real Estate ETF $IYR

SBI Securities Co. Ltd. cut its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,018 shares of the real estate investment trust’s stock after selling 1,135 shares during the quarter. SBI Securities Co. Ltd. owned approximately 0.08% of iShares U.S. Real Estate ETF worth $2,750,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Russell Investments Group Ltd. acquired a new stake in shares of iShares U.S. Real Estate ETF in the 1st quarter valued at approximately $43,000. Flaharty Asset Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $45,000. Harbour Investments Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the second quarter worth $72,000. Advantage Trust Co increased its holdings in shares of iShares U.S. Real Estate ETF by 20.0% during the second quarter. Advantage Trust Co now owns 1,320 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 220 shares in the last quarter. Finally, Bellwether Advisors LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 19.5% in the 1st quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 239 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Down 0.8%

Shares of IYR stock opened at $95.83 on Thursday. iShares U.S. Real Estate ETF has a twelve month low of $81.53 and a twelve month high of $103.46. The stock’s fifty day simple moving average is $96.32 and its 200 day simple moving average is $95.56. The firm has a market capitalization of $3.77 billion, a P/E ratio of 35.41 and a beta of 1.01.

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).