Ilmarinen Mutual Pension Insurance Co Cuts Holdings in iShares U.S. Real Estate ETF $IYR

Ilmarinen Mutual Pension Insurance Co lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,196,577 shares of the real estate investment trust’s stock after selling 106,400 shares during the period. iShares U.S. Real Estate ETF accounts for about 0.9% of Ilmarinen Mutual Pension Insurance Co’s investment portfolio, making the stock its 15th biggest holding. Ilmarinen Mutual Pension Insurance Co owned approximately 2.83% of iShares U.S. Real Estate ETF worth $112,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cibc World Market Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 1,235.6% during the 3rd quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock worth $30,966,000 after acquiring an additional 295,095 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in iShares U.S. Real Estate ETF in the third quarter valued at approximately $536,000. Omega Financial Group LLC grew its holdings in iShares U.S. Real Estate ETF by 1,154.9% in the fourth quarter. Omega Financial Group LLC now owns 66,072 shares of the real estate investment trust’s stock worth $6,204,000 after purchasing an additional 60,807 shares during the last quarter. Apella Capital LLC grew its holdings in iShares U.S. Real Estate ETF by 287.4% in the fourth quarter. Apella Capital LLC now owns 11,671 shares of the real estate investment trust’s stock worth $1,096,000 after purchasing an additional 8,658 shares during the last quarter. Finally, Tillman Hartley LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth $1,259,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Down 0.5%

Shares of IYR opened at $102.31 on Friday. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $103.64. The stock has a fifty day moving average price of $99.54 and a 200-day moving average price of $97.58. The firm has a market cap of $4.18 billion, a PE ratio of 35.41 and a beta of 0.99.

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).