Commonwealth Equity Services LLC Has $7.04 Million Stock Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Commonwealth Equity Services LLC grew its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 41.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 75,672 shares of the real estate investment trust’s stock after buying an additional 22,299 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.22% of iShares U.S. Real Estate ETF worth $7,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its position in iShares U.S. Real Estate ETF by 140.7% in the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after purchasing an additional 241,586 shares during the period. Franklin Resources Inc. increased its position in iShares U.S. Real Estate ETF by 19.1% in the third quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock worth $203,000 after purchasing an additional 325 shares during the period. Oppenheimer & Co. Inc. increased its position in iShares U.S. Real Estate ETF by 5.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock worth $361,000 after purchasing an additional 207 shares during the period. Principal Financial Group Inc. acquired a new stake in iShares U.S. Real Estate ETF in the fourth quarter worth about $4,176,000. Finally, Jones Financial Companies Lllp increased its position in iShares U.S. Real Estate ETF by 109.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock worth $196,000 after purchasing an additional 1,101 shares during the period.

iShares U.S. Real Estate ETF Stock Down 0.2 %

Shares of IYR stock opened at $95.32 on Friday. The stock has a 50-day moving average price of $95.41 and a 200 day moving average price of $97.60. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04.

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).