Rodgers & Associates LTD Has $3.60 Million Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rodgers & Associates LTD raised its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 39,346 shares of the real estate investment trust’s stock after purchasing an additional 1,864 shares during the quarter. Rodgers & Associates LTD owned approximately 0.11% of iShares U.S. Real Estate ETF worth $3,597,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Citigroup Inc. raised its position in shares of iShares U.S. Real Estate ETF by 592.7% in the 3rd quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock worth $80,857,000 after acquiring an additional 1,244,785 shares in the last quarter. Morgan Stanley increased its holdings in iShares U.S. Real Estate ETF by 28.4% in the third quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock worth $365,289,000 after purchasing an additional 1,033,819 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares U.S. Real Estate ETF in the third quarter valued at approximately $19,261,000. Pathstone Family Office LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $17,586,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth approximately $9,952,000.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock traded down $0.50 during trading on Thursday, reaching $83.11. 5,658,706 shares of the company traded hands, compared to its average volume of 6,644,215. The firm has a market capitalization of $3.62 billion, a PE ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $92.85. The company has a 50 day moving average price of $87.22 and a 200-day moving average price of $85.52.

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).