iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Cross Below 200-Day Moving Average – Here’s Why

iShares U.S. Real Estate ETF (NYSEARCA:IYR) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $96.22 and traded as low as $95.70. iShares U.S. Real Estate ETF shares last traded at $96.46, with a volume of 4,677,831 shares trading hands.

iShares U.S. Real Estate ETF Stock Performance

The stock’s fifty day moving average price is $97.63 and its 200-day moving average price is $96.22. The firm has a market cap of $4.08 billion, a PE ratio of 35.41 and a beta of 1.02.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

A number of large investors have recently made changes to their positions in the stock. Barclays PLC increased its holdings in shares of iShares U.S. Real Estate ETF by 1.8% in the 4th quarter. Barclays PLC now owns 6,260,125 shares of the real estate investment trust’s stock valued at $587,763,000 after purchasing an additional 108,864 shares in the last quarter. WealthNavi Inc. increased its holdings in shares of iShares U.S. Real Estate ETF by 10.2% in the 4th quarter. WealthNavi Inc. now owns 5,838,937 shares of the real estate investment trust’s stock valued at $548,218,000 after purchasing an additional 540,270 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $399,722,000. Cibc World Markets Corp purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $322,756,000. Finally, Price T Rowe Associates Inc. MD purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $276,312,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

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).