Clear Creek Financial Management LLC Reduces Stock Holdings in iShares U.S. Real Estate ETF $IYR

Clear Creek Financial Management LLC lessened its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 84.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,990 shares of the real estate investment trust’s stock after selling 33,289 shares during the quarter. Clear Creek Financial Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $581,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Synovus Financial Corp boosted its stake in shares of iShares U.S. Real Estate ETF by 43.2% in the third quarter. Synovus Financial Corp now owns 11,378 shares of the real estate investment trust’s stock valued at $1,105,000 after purchasing an additional 3,432 shares during the period. M&G PLC acquired a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth $2,543,000. Tower Wealth Partners Inc. boosted its position in iShares U.S. Real Estate ETF by 7.4% in the 3rd quarter. Tower Wealth Partners Inc. now owns 4,288 shares of the real estate investment trust’s stock valued at $416,000 after buying an additional 294 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of iShares U.S. Real Estate ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 45,699 shares of the real estate investment trust’s stock valued at $4,436,000 after acquiring an additional 4,410 shares in the last quarter. Finally, Connable Office Inc. increased its position in shares of iShares U.S. Real Estate ETF by 7.3% during the third quarter. Connable Office Inc. now owns 294,445 shares of the real estate investment trust’s stock worth $28,585,000 after acquiring an additional 19,926 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA:IYR opened at $100.54 on Friday. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $101.27. The business’s 50-day simple moving average is $96.08 and its 200 day simple moving average is $96.01.

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).