iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC lessened its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 70,928 shares of the real estate investment trust’s stock after selling 11,747 shares during the quarter. Townsquare Capital LLC’s holdings in iShares U.S. Real Estate ETF were worth $6,601,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Real Estate ETF by 140.7% in 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. Franklin Resources Inc. raised its position in shares of iShares U.S. Real Estate ETF by 19.1% during the 3rd quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock valued at $203,000 after buying an additional 325 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of iShares U.S. Real Estate ETF by 5.6% during the 4th quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock valued at $361,000 after buying an additional 207 shares during the period. Principal Financial Group Inc. acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $4,176,000. Finally, Jones Financial Companies Lllp grew its position in iShares U.S. Real Estate ETF by 109.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock worth $196,000 after acquiring an additional 1,101 shares during the period.

iShares U.S. Real Estate ETF Stock Up 1.5 %

NYSEARCA:IYR opened at $88.60 on Monday. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The stock’s fifty day moving average is $94.65 and its two-hundred day moving average is $96.32. The company has a market capitalization of $2.90 billion, a P/E ratio of 29.60 and a beta of 0.99.

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).