Rebalance LLC Reduces Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rebalance LLC trimmed its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,653 shares of the real estate investment trust’s stock after selling 4,736 shares during the quarter. iShares U.S. Real Estate ETF makes up approximately 0.4% of Rebalance LLC’s holdings, making the stock its 23rd largest position. Rebalance LLC owned 0.19% of iShares U.S. Real Estate ETF worth $5,924,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Synergy Investment Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $27,000. Modus Advisors LLC purchased a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at $28,000. Wolverine Asset Management LLC purchased a new position in iShares U.S. Real Estate ETF during the third quarter valued at $30,000. Avior Wealth Management LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 146.0% during the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 238 shares in the last quarter. Finally, Transcendent Capital Group LLC grew 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 buying an additional 247 shares during the period.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock opened at $96.97 on Monday. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year high of $104.04. The company has a 50-day moving average of $94.93 and a 200 day moving average of $97.82. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08.

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).