Alerus Financial NA Lowers Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Alerus Financial NA trimmed its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 36.7% during the 4th quarter, Holdings Channel reports. The firm owned 15,706 shares of the real estate investment trust’s stock after selling 9,094 shares during the period. Alerus Financial NA’s holdings in iShares U.S. Real Estate ETF were worth $1,462,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Barclays PLC raised its position in shares of iShares U.S. Real Estate ETF by 5,921.5% during the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after buying an additional 9,829,412 shares during the last quarter. Cibc World Markets Corp increased its holdings in iShares U.S. Real Estate ETF by 10.6% in the 4th quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock valued at $373,417,000 after acquiring an additional 382,943 shares during the last quarter. CenterStar Asset Management LLC lifted its stake in iShares U.S. Real Estate ETF by 101.6% in the 4th quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock worth $408,000 after purchasing an additional 274,929 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after purchasing an additional 241,586 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at about $22,230,000.

iShares U.S. Real Estate ETF Trading Down 0.3 %

NYSEARCA:IYR opened at $94.88 on Friday. The business’s 50-day moving average is $95.76 and its 200 day moving average is $97.44. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04. The company has a market capitalization of $3.46 billion, a P/E ratio of 31.93 and a beta of 1.08.

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).