Cresset Asset Management LLC Sells 773 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Cresset Asset Management LLC trimmed its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 12.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,450 shares of the real estate investment trust’s stock after selling 773 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $507,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Clear Investment Research LLC grew its position in shares of iShares U.S. Real Estate ETF by 5.0% during the 4th quarter. Clear Investment Research LLC now owns 2,301 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 109 shares in the last quarter. Optimum Investment Advisors grew its position in shares of iShares U.S. Real Estate ETF by 8.2% during the 4th quarter. Optimum Investment Advisors now owns 1,612 shares of the real estate investment trust’s stock worth $150,000 after buying an additional 122 shares in the last quarter. Arkansas Financial Group Inc. grew its position in shares of iShares U.S. Real Estate ETF by 0.3% during 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 buying an additional 140 shares in the last quarter. Spire Wealth Management grew its position in shares of iShares U.S. Real Estate ETF by 3.2% during the 4th quarter. Spire Wealth Management now owns 5,127 shares of the real estate investment trust’s stock worth $477,000 after buying an additional 159 shares in the last quarter. Finally, Scotia Capital Inc. grew its position in shares of iShares U.S. Real Estate ETF by 2.3% during the 4th quarter. Scotia Capital Inc. now owns 8,553 shares of the real estate investment trust’s stock worth $796,000 after buying an additional 190 shares in the last quarter.

iShares U.S. Real Estate ETF Trading Down 0.9%

IYR opened at $92.67 on Thursday. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $104.04. The business’s fifty day simple moving average is $92.80 and its 200-day simple moving average is $95.19. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 31.19 and a beta of 1.02.

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).