US Bancorp DE Sells 14,073 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

US Bancorp DE lessened its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 3.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 457,506 shares of the real estate investment trust’s stock after selling 14,073 shares during the period. US Bancorp DE’s holdings in iShares U.S. Real Estate ETF were worth $42,576,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in IYR. Modus Advisors LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $28,000. Wolverine Asset Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth approximately $30,000. Avior Wealth Management LLC grew its position in shares of iShares U.S. Real Estate ETF by 146.0% in the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 238 shares during the period. Transcendent Capital Group LLC boosted its position in shares of iShares U.S. Real Estate ETF by 159.4% in the 3rd quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at $69,000.

iShares U.S. Real Estate ETF Price Performance

IYR stock opened at $98.41 on Friday. The stock has a market capitalization of $4.06 billion, a P/E ratio of 34.21 and a beta of 1.07. The business has a fifty day moving average price of $94.47 and a 200-day moving average price of $97.75. iShares U.S. Real Estate ETF has a 1-year low of $81.25 and a 1-year 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).