Private Ocean LLC Reduces Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Private Ocean LLC decreased its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 17.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. 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 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Graybill Wealth Management LTD. boosted its holdings in iShares U.S. Real Estate ETF by 7.5% in the first quarter. Graybill Wealth Management LTD. now owns 2,894 shares of the real estate investment trust’s stock valued at $260,000 after acquiring an additional 203 shares during the last quarter. Aspiriant LLC boosted its holdings in iShares U.S. Real Estate ETF by 1.3% in the first quarter. Aspiriant LLC now owns 10,036 shares of the real estate investment trust’s stock valued at $902,000 after acquiring an additional 126 shares during the last quarter. Sound Income Strategies LLC acquired a new position in iShares U.S. Real Estate ETF in the first quarter valued at $465,000. First Financial Corp IN boosted its holdings in iShares U.S. Real Estate ETF by 11.8% in the first quarter. First Financial Corp IN now owns 12,170 shares of the real estate investment trust’s stock valued at $1,094,000 after acquiring an additional 1,283 shares during the last quarter. Finally, Unique Wealth LLC boosted its holdings in iShares U.S. Real Estate ETF by 9.2% in the first quarter. Unique Wealth LLC now owns 32,350 shares of the real estate investment trust’s stock valued at $2,908,000 after acquiring an additional 2,721 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock traded up $0.67 during midday trading on Friday, reaching $87.74. The stock had a trading volume of 5,015,699 shares, compared to its average volume of 6,177,596. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $92.85. The stock has a market capitalization of $2.96 billion, a PE ratio of 26.05 and a beta of 0.98. The stock’s 50-day simple moving average is $85.90 and its 200 day simple moving average is $87.50.

iShares U.S. Real Estate ETF Company 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).