iShares U.S. Real Estate ETF $IYR Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lowered its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 93.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,109 shares of the real estate investment trust’s stock after selling 88,347 shares during the period. Principal Financial Group Inc.’s holdings in iShares U.S. Real Estate ETF were worth $578,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Assetmark Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 159 shares during the last quarter. Modus Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $28,000. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $38,000. AlphaCore Capital LLC acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter valued at approximately $47,000. Finally, Godfrey Financial Associates Inc. acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter valued at approximately $47,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

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iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $105.09 on Friday. The company has a market cap of $4.76 billion, a P/E ratio of 35.41 and a beta of 0.97. The stock has a fifty day moving average price of $103.45 and a 200 day moving average price of $100.39. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $108.17.

iShares U.S. Real Estate ETF Company Profile

(Free Report)

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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