iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC trimmed its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,928 shares of the real estate investment trust’s stock after selling 11,747 shares during the period. Townsquare Capital LLC owned about 0.21% of iShares U.S. Real Estate ETF worth $6,601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Synergy Investment Management LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth about $27,000. Modus Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $28,000. Redwood Park Advisors LLC acquired a new position in iShares U.S. Real Estate ETF in the 4th quarter worth about $36,000. Avior Wealth Management LLC boosted its position in iShares U.S. Real Estate ETF by 146.0% during the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 238 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $42,000.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $88.60 on Monday. The stock has a market capitalization of $2.90 billion, a PE ratio of 29.60 and a beta of 0.99. The business has a 50 day simple moving average of $94.65 and a 200-day simple moving average of $96.32. 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 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).