iShares U.S. Real Estate ETF (NYSEARCA:IYR) Holdings Decreased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 30.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,096 shares of the real estate investment trust’s stock after selling 3,101 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Real Estate ETF were worth $614,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich raised its position in iShares U.S. Real Estate ETF by 6,001.2% in the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,604,310 shares of the real estate investment trust’s stock worth $398,457,000 after acquiring an additional 4,528,844 shares in the last quarter. Two Sigma Advisers LP bought a new stake in iShares U.S. Real Estate ETF in the first quarter worth about $50,091,000. Bank of America Corp DE raised its position in iShares U.S. Real Estate ETF by 19.8% in the first quarter. Bank of America Corp DE now owns 3,210,841 shares of the real estate investment trust’s stock worth $272,600,000 after acquiring an additional 529,576 shares in the last quarter. Credit Suisse AG raised its position in iShares U.S. Real Estate ETF by 88.3% in the first quarter. Credit Suisse AG now owns 790,106 shares of the real estate investment trust’s stock worth $67,080,000 after acquiring an additional 370,592 shares in the last quarter. Finally, UBS Asset Management Americas Inc. bought a new stake in iShares U.S. Real Estate ETF in the third quarter worth about $26,878,000.

iShares U.S. Real Estate ETF Trading Down 1.5 %

Shares of iShares U.S. Real Estate ETF stock opened at $73.62 on Friday. The company’s 50-day moving average price is $80.39 and its two-hundred day moving average price is $83.50. iShares U.S. Real Estate ETF has a 52 week low of $73.17 and a 52 week high of $96.02. The stock has a market cap of $2.57 billion, a PE ratio of 28.43 and a beta of 0.91.

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).