SG Americas Securities LLC lifted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 123.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 403,457 shares of the real estate investment trust’s stock after purchasing an additional 222,825 shares during the quarter. SG Americas Securities LLC owned 0.97% of iShares U.S. Real Estate ETF worth $38,151,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its stake in iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 159 shares during the last quarter. Modus Advisors LLC bought a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $28,000. Fifth Third Bancorp acquired a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $38,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth about $39,000. Finally, AlphaCore Capital LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter worth approximately $47,000. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Price Performance
IYR opened at $102.99 on Wednesday. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $104.74. The company’s 50 day simple moving average is $101.86 and its 200-day simple moving average is $98.40. The stock has a market capitalization of $4.21 billion, a P/E ratio of 35.41 and a beta of 0.97.
About iShares U.S. Real Estate ETF
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).
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