Mission Wealth Management LP Sells 1,319 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Mission Wealth Management LP trimmed its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,626 shares of the real estate investment trust’s stock after selling 1,319 shares during the quarter. Mission Wealth Management LP owned approximately 0.25% of iShares U.S. Real Estate ETF worth $8,010,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IYR. Allworth Financial LP lifted its holdings in shares of iShares U.S. Real Estate ETF by 74.5% in the fourth quarter. Allworth Financial LP now owns 9,539 shares of the real estate investment trust’s stock worth $872,000 after buying an additional 4,074 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 7.7% in the fourth quarter. Cerity Partners LLC now owns 62,090 shares of the real estate investment trust’s stock worth $5,676,000 after purchasing an additional 4,446 shares during the last quarter. Unionview LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 7.7% in the fourth quarter. Unionview LLC now owns 11,160 shares of the real estate investment trust’s stock worth $1,020,000 after purchasing an additional 794 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. grew its holdings in iShares U.S. Real Estate ETF by 19.1% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 73,164 shares of the real estate investment trust’s stock worth $5,719,000 after acquiring an additional 11,757 shares in the last quarter. Finally, Sand Hill Global Advisors LLC bought a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth about $814,000.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR stock traded down $1.52 during mid-day trading on Tuesday, hitting $82.60. 9,295,782 shares of the stock traded hands, compared to its average volume of 6,642,312. The stock has a market cap of $3.60 billion, a P/E ratio of 25.26 and a beta of 0.99. The stock’s fifty day moving average is $87.08 and its two-hundred day moving average is $85.70. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week high of $92.85.

iShares U.S. Real Estate ETF 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).