GLOBALT Investments LLC GA Decreases Stock Holdings in iShares U.S. Real Estate ETF $IYR

GLOBALT Investments LLC GA lowered its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 10.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,009 shares of the real estate investment trust’s stock after selling 1,037 shares during the period. GLOBALT Investments LLC GA’s holdings in iShares U.S. Real Estate ETF were worth $854,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth about $39,000. Russell Investments Group Ltd. acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth about $43,000. Flaharty Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth about $45,000. Harbour Investments Inc. acquired a new position in iShares U.S. Real Estate ETF during the second quarter worth about $72,000. Finally, Advantage Trust Co raised its position in iShares U.S. Real Estate ETF by 20.0% during the second quarter. Advantage Trust Co now owns 1,320 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 220 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 0.2%

Shares of IYR opened at $98.17 on Friday. The stock has a market cap of $3.74 billion, a P/E ratio of 35.41 and a beta of 0.91. The company has a 50-day moving average of $96.65 and a two-hundred day moving average of $95.03. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $103.46.

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).