Lifeworks Advisors LLC Decreases Stock Position in iShares U.S. Real Estate ETF $IYR

Lifeworks Advisors LLC cut its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 67.4% during the 1st quarter, Holdings Channel reports. The firm owned 3,730 shares of the real estate investment trust’s stock after selling 7,701 shares during the period. Lifeworks Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $353,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hsbc Holdings PLC acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter valued at $399,722,000. Cibc World Markets Corp purchased a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at $322,756,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at $276,312,000. WealthNavi Inc. boosted its stake in shares of iShares U.S. Real Estate ETF by 10.2% during the fourth quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock valued at $548,218,000 after acquiring an additional 540,270 shares during the last quarter. Finally, Jain Global LLC boosted its stake in shares of iShares U.S. Real Estate ETF by 151.5% during the third quarter. Jain Global LLC now owns 128,767 shares of the real estate investment trust’s stock valued at $12,501,000 after acquiring an additional 378,767 shares during the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $103.91 on Tuesday. The stock has a market capitalization of $4.68 billion, a P/E ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $105.15. The firm’s 50-day moving average is $102.45 and its two-hundred day moving average is $99.31.

iShares U.S. Real Estate ETF 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).