5,499 Shares in iShares U.S. Real Estate ETF $IYR Bought by Belvedere Trading LLC

Belvedere Trading LLC acquired a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,499 shares of the real estate investment trust’s stock, valued at approximately $516,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares U.S. Real Estate ETF by 0.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 325,997 shares of the real estate investment trust’s stock worth $30,608,000 after purchasing an additional 920 shares during the last quarter. Moors & Cabot Inc. raised its stake in iShares U.S. Real Estate ETF by 2.8% in the fourth quarter. Moors & Cabot Inc. now owns 8,634 shares of the real estate investment trust’s stock valued at $811,000 after buying an additional 236 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at about $47,000. Americana Partners LLC raised its stake in iShares U.S. Real Estate ETF by 104.1% in the fourth quarter. Americana Partners LLC now owns 20,644 shares of the real estate investment trust’s stock valued at $1,938,000 after buying an additional 10,529 shares during the last quarter. Finally, Ferguson Johnson Wealth Management Inc purchased a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at about $328,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $101.43 on Friday. The stock has a 50-day moving average of $99.63 and a two-hundred day moving average of $97.61. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $103.64. The stock has a market cap of $4.15 billion, a PE ratio of 35.41 and a beta of 0.99.

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).