Hsbc Holdings PLC Invests $399.72 Million in iShares U.S. Real Estate ETF $IYR

Hsbc Holdings PLC bought a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,245,726 shares of the real estate investment trust’s stock, valued at approximately $399,722,000. Hsbc Holdings PLC owned about 10.03% of iShares U.S. Real Estate ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IYR. Barclays PLC raised its position in iShares U.S. Real Estate ETF by 1.8% during the 4th quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock valued at $587,763,000 after purchasing an additional 108,864 shares during the last quarter. WealthNavi Inc. grew its position in shares of iShares U.S. Real Estate ETF by 10.2% in the 4th quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock worth $548,218,000 after buying an additional 540,270 shares during the last quarter. Cibc World Markets Corp bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $322,756,000. Price T Rowe Associates Inc. MD purchased a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $276,312,000. Finally, Stifel Financial Corp increased its stake in shares of iShares U.S. Real Estate ETF by 24.5% during the fourth quarter. Stifel Financial Corp now owns 734,378 shares of the real estate investment trust’s stock valued at $68,950,000 after buying an additional 144,353 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock opened at $100.45 on Friday. The business has a 50 day moving average of $101.73 and a 200 day moving average of $98.29. iShares U.S. Real Estate ETF has a 52 week low of $92.45 and a 52 week high of $104.74. The company has a market cap of $4.11 billion, a PE ratio of 35.41 and a beta of 0.97.

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).