Americana Partners LLC Cuts Stock Holdings in iShares U.S. Real Estate ETF $IYR

Americana Partners LLC reduced its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 53.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,115 shares of the real estate investment trust’s stock after selling 11,781 shares during the quarter. Americana Partners LLC’s holdings in iShares U.S. Real Estate ETF were worth $982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYR. Arkadios Wealth Advisors boosted its holdings in iShares U.S. Real Estate ETF by 4.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 2,809 shares of the real estate investment trust’s stock valued at $273,000 after acquiring an additional 110 shares during the period. Courier Capital LLC increased its stake in iShares U.S. Real Estate ETF by 5.0% in the 3rd quarter. Courier Capital LLC now owns 56,065 shares of the real estate investment trust’s stock worth $5,443,000 after purchasing an additional 2,645 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in iShares U.S. Real Estate ETF by 3.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,259 shares of the real estate investment trust’s stock valued at $2,610,000 after purchasing an additional 817 shares during the last quarter. Running Point Capital Advisors LLC boosted its stake in shares of iShares U.S. Real Estate ETF by 3.5% during the third quarter. Running Point Capital Advisors LLC now owns 51,291 shares of the real estate investment trust’s stock valued at $4,979,000 after purchasing an additional 1,755 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. boosted its stake in shares of iShares U.S. Real Estate ETF by 5.1% during the third quarter. CarsonAllaria Wealth Management Ltd. now owns 49,639 shares of the real estate investment trust’s stock valued at $4,819,000 after purchasing an additional 2,403 shares during the period. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of iShares U.S. Real Estate ETF stock opened at $96.41 on Wednesday. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $99.62. The company’s 50 day moving average price is $94.95 and its 200-day moving average price is $95.75. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01.

About iShares U.S. Real Estate ETF

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).