Connable Office Inc. decreased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 0.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 404,393 shares of the real estate investment trust’s stock after selling 488 shares during the period. iShares U.S. Real Estate ETF accounts for approximately 4.1% of Connable Office Inc.’s investment portfolio, making the stock its 5th biggest holding. Connable Office Inc.’s holdings in iShares U.S. Real Estate ETF were worth $41,196,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at about $25,000. Wolverine Asset Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $30,000. Sachetta LLC purchased a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at about $31,000. International Assets Investment Management LLC bought a new stake in iShares U.S. Real Estate ETF during the second quarter worth $37,000. Finally, AlphaMark Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $41,000.
iShares U.S. Real Estate ETF Trading Down 0.9 %
NYSEARCA:IYR opened at $97.69 on Friday. The stock has a market capitalization of $3.30 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12 month low of $81.02 and a 12 month high of $104.04. The firm’s 50 day moving average is $100.43 and its 200 day moving average is $93.83.
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).
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Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report).
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