iShares U.S. Real Estate ETF $IYR Shares Acquired by Comerica Bank

Comerica Bank boosted its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 31.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,519 shares of the real estate investment trust’s stock after purchasing an additional 6,119 shares during the quarter. Comerica Bank’s holdings in iShares U.S. Real Estate ETF were worth $2,396,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of IYR. Assetmark Inc. lifted its stake in iShares U.S. Real Estate ETF by 145.9% during the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 159 shares in the last quarter. Glassy Mountain Advisors Inc. acquired a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth about $39,000. Russell Investments Group Ltd. increased its holdings in iShares U.S. Real Estate ETF by 68.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after purchasing an additional 308 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the 4th quarter valued at about $95,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $101.94 on Wednesday. The stock has a 50-day simple moving average of $98.67 and a 200-day simple moving average of $96.86. iShares U.S. Real Estate ETF has a 1 year low of $91.40 and a 1 year high of $103.32. The stock has a market capitalization of $4.17 billion, a PE ratio of 35.41 and a beta of 0.99.

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).