Ameriprise Financial Inc. Grows Stock Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ameriprise Financial Inc. increased its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 85.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 449,928 shares of the real estate investment trust’s stock after purchasing an additional 207,727 shares during the period. Ameriprise Financial Inc. owned approximately 1.33% of iShares U.S. Real Estate ETF worth $41,871,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds 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 during the fourth quarter valued at approximately $27,000. Redwood Park Advisors LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $36,000. Avior Wealth Management LLC grew its position in iShares U.S. Real Estate ETF by 146.0% during the fourth 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 during the period. Wealthfront Advisers LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $42,000. Finally, Rialto Wealth Management LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $56,000.

iShares U.S. Real Estate ETF Trading Up 0.7%

Shares of NYSEARCA IYR opened at $94.37 on Monday. The firm has a 50 day moving average of $93.03 and a 200 day moving average of $95.26. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 31.19 and a beta of 1.02. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $104.04.

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).