iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Norden Group LLC

Norden Group LLC reduced its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 14.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,555 shares of the real estate investment trust’s stock after selling 12,076 shares during the period. iShares U.S. Real Estate ETF makes up about 0.7% of Norden Group LLC’s holdings, making the stock its 25th largest holding. Norden Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $6,566,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Barclays PLC raised its stake in shares of iShares U.S. Real Estate ETF by 5,921.5% in the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after acquiring an additional 9,829,412 shares in the last quarter. Money Design Co. Ltd. increased its holdings in iShares U.S. Real Estate ETF by 7.0% in the fourth quarter. Money Design Co. Ltd. now owns 525,048 shares of the real estate investment trust’s stock valued at $48,451,000 after buying an additional 34,505 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares U.S. Real Estate ETF by 140.7% in the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after buying an additional 241,586 shares during the last quarter. Connable Office Inc. increased its holdings in iShares U.S. Real Estate ETF by 1.7% in the fourth quarter. Connable Office Inc. now owns 411,457 shares of the real estate investment trust’s stock valued at $38,290,000 after buying an additional 7,064 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in iShares U.S. Real Estate ETF by 92.8% in the fourth quarter. Apollon Wealth Management LLC now owns 335,026 shares of the real estate investment trust’s stock valued at $31,178,000 after buying an additional 161,265 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA:IYR opened at $98.41 on Friday. The firm has a market capitalization of $4.06 billion, a PE ratio of 34.21 and a beta of 1.07. The business’s fifty day moving average price is $94.47 and its 200 day moving average price is $97.75. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04.

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).