iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Holdings Cut by Alerus Financial NA

Alerus Financial NA lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 36.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,706 shares of the real estate investment trust’s stock after selling 9,094 shares during the period. Alerus Financial NA’s holdings in iShares U.S. Real Estate ETF were worth $1,462,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 178.6% in the third quarter. Larson Financial Group LLC now owns 1,872 shares of the real estate investment trust’s stock valued at $191,000 after buying an additional 1,200 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of iShares U.S. Real Estate ETF by 276.1% during the 3rd quarter. Private Trust Co. NA now owns 3,144 shares of the real estate investment trust’s stock worth $320,000 after buying an additional 2,308 shares during the period. D.A. Davidson & CO. raised its stake in 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 in the last quarter. Townsquare Capital LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $8,422,000. Finally, Rockefeller Capital Management L.P. grew its stake in shares of iShares U.S. Real Estate ETF by 8.2% during the third quarter. Rockefeller Capital Management L.P. now owns 114,489 shares of the real estate investment trust’s stock worth $11,663,000 after buying an additional 8,641 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $94.88 on Friday. The business has a 50-day moving average of $95.76 and a 200-day moving average of $97.44. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year high of $104.04. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 31.93 and a beta of 1.08.

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).