M&T Bank Corp Trims Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

M&T Bank Corp reduced its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,700 shares of the real estate investment trust’s stock after selling 450 shares during the quarter. M&T Bank Corp’s holdings in iShares U.S. Real Estate ETF were worth $737,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Washington Trust Bank boosted its position in iShares U.S. Real Estate ETF by 2.0% during the 1st quarter. Washington Trust Bank now owns 24,347 shares of the real estate investment trust’s stock valued at $2,331,000 after acquiring an additional 475 shares in the last quarter. Wayfinding Financial LLC bought a new stake in iShares U.S. Real Estate ETF during the 1st quarter valued at $39,000. Mutual Advisors LLC boosted its position in iShares U.S. Real Estate ETF by 21.7% during the 1st quarter. Mutual Advisors LLC now owns 16,492 shares of the real estate investment trust’s stock valued at $1,520,000 after acquiring an additional 2,944 shares in the last quarter. Money Design Co. Ltd. boosted its position in iShares U.S. Real Estate ETF by 0.4% during the 1st quarter. Money Design Co. Ltd. now owns 526,905 shares of the real estate investment trust’s stock valued at $50,451,000 after acquiring an additional 1,857 shares in the last quarter. Finally, Yukon Wealth Management Inc. bought a new stake in iShares U.S. Real Estate ETF during the 1st quarter valued at $356,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Trading Up 0.6%

Shares of NYSEARCA IYR opened at $96.06 on Tuesday. The stock has a market capitalization of $3.79 billion, a PE ratio of 35.41 and a beta of 0.91. The stock’s fifty day simple moving average is $94.59 and its two-hundred day simple moving average is $94.12. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $104.04.

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).