Picton Mahoney Asset Management Purchases 3,020 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Picton Mahoney Asset Management lifted its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 108.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,800 shares of the real estate investment trust’s stock after purchasing an additional 3,020 shares during the period. Picton Mahoney Asset Management’s holdings in iShares U.S. Real Estate ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cibc World Markets Corp increased its position in iShares U.S. Real Estate ETF by 132,707.9% in the 4th quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after acquiring an additional 4,644,778 shares during the period. Schroder Investment Management Group increased its holdings in iShares U.S. Real Estate ETF by 1,830.7% in the fourth quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock valued at $111,916,000 after purchasing an additional 1,160,912 shares during the period. Stifel Financial Corp increased its holdings in iShares U.S. Real Estate ETF by 5.0% in the fourth quarter. Stifel Financial Corp now owns 680,250 shares of the real estate investment trust’s stock valued at $62,182,000 after purchasing an additional 32,230 shares during the period. Capstone Investment Advisors LLC raised its position in iShares U.S. Real Estate ETF by 312.6% during the 4th quarter. Capstone Investment Advisors LLC now owns 455,741 shares of the real estate investment trust’s stock worth $41,659,000 after purchasing an additional 345,281 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in iShares U.S. Real Estate ETF by 82.0% during the 4th quarter. Corient Private Wealth LLC now owns 382,339 shares of the real estate investment trust’s stock worth $34,950,000 after buying an additional 172,276 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock traded up $1.00 on Friday, hitting $99.53. The company had a trading volume of 4,101,870 shares, compared to its average volume of 5,885,359. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $99.69. The firm has a market cap of $3.36 billion, a P/E ratio of 26.05 and a beta of 0.98. The stock’s 50-day moving average is $93.06 and its two-hundred day moving average is $88.92.

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).