Private Ocean LLC Has $117,000 Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Private Ocean LLC lowered its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 17.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,307 shares of the real estate investment trust’s stock after selling 281 shares during the period. Private Ocean LLC’s holdings in iShares U.S. Real Estate ETF were worth $117,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of IYR. Allworth Financial LP increased its holdings in 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 valued at $872,000 after purchasing an additional 4,074 shares during the last quarter. Connable Office Inc. bought a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $31,048,000. Balanced Wealth Group LLC bought a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $769,000. Cerity Partners LLC raised its stake in 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 valued at $5,676,000 after buying an additional 4,446 shares during the period. Finally, Sentinel Trust Co. LBA bought a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter worth approximately $463,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR traded up $0.67 during trading hours on Friday, reaching $87.74. 5,015,699 shares of the stock were exchanged, compared to its average volume of 6,177,596. The firm has a market capitalization of $2.96 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 52 week low of $72.88 and a 52 week high of $92.85. The stock’s fifty day simple moving average is $85.90 and its 200 day simple moving average is $87.50.

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).