Lake Street Advisors Group LLC Trims Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Lake Street Advisors Group LLC cut its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 21.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,037 shares of the real estate investment trust’s stock after selling 831 shares during the quarter. Lake Street Advisors Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $283,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. D.A. Davidson & CO. raised its holdings in shares of iShares U.S. Real Estate ETF by 4.0% in the 3rd quarter. D.A. Davidson & CO. now owns 2,857 shares of the real estate investment trust’s stock worth $291,000 after purchasing an additional 111 shares during the period. Unionview LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 1.0% in the 3rd quarter. Unionview LLC now owns 11,830 shares of the real estate investment trust’s stock worth $1,205,000 after purchasing an additional 113 shares during the period. Arkansas Financial Group Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 0.3% in the 4th quarter. Arkansas Financial Group Inc. now owns 54,938 shares of the real estate investment trust’s stock worth $5,112,000 after purchasing an additional 140 shares during the period. Spire Wealth Management raised its holdings in shares of iShares U.S. Real Estate ETF by 3.2% in the 4th quarter. Spire Wealth Management now owns 5,127 shares of the real estate investment trust’s stock worth $477,000 after purchasing an additional 159 shares during the period. Finally, Fairway Wealth LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 0.5% in the 3rd quarter. Fairway Wealth LLC now owns 34,208 shares of the real estate investment trust’s stock worth $3,485,000 after purchasing an additional 171 shares during the period.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $98.41 on Friday. The stock’s 50-day moving average is $94.47 and its 200-day moving average is $97.73. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07. iShares U.S. Real Estate ETF has a 12 month low of $81.25 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).