Krane Financial Solutions LLC purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,350 shares of the real estate investment trust’s stock, valued at approximately $1,924,000. iShares U.S. Real Estate ETF comprises approximately 1.3% of Krane Financial Solutions LLC’s portfolio, making the stock its 16th largest holding.
A number of other large investors also recently bought and sold shares of the business. Barclays PLC increased its stake in iShares U.S. Real Estate ETF by 1.8% in the fourth quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock worth $587,763,000 after purchasing an additional 108,864 shares during the period. WealthNavi Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 2.9% during the first quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after purchasing an additional 171,312 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at $399,722,000. Cibc World Markets Corp purchased a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at $322,756,000. Finally, Price T Rowe Associates Inc. MD bought a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth about $276,312,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Trading Down 0.5%
NYSEARCA IYR opened at $105.09 on Friday. The stock has a market cap of $4.80 billion, a PE ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $108.17. The company’s 50-day moving average price is $103.45 and its 200-day moving average price is $100.39.
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).
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