Connable Office Inc. Has $28.13 Million Stock Position in iShares U.S. Real Estate ETF $IYR

Connable Office Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 299,557 shares of the real estate investment trust’s stock after buying an additional 5,112 shares during the period. iShares U.S. Real Estate ETF makes up approximately 2.6% of Connable Office Inc.’s investment portfolio, making the stock its 8th biggest position. Connable Office Inc.’s holdings in iShares U.S. Real Estate ETF were worth $28,125,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Assetmark Inc. lifted its position in iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 159 shares during the last quarter. Glassy Mountain Advisors Inc. bought a new stake in iShares U.S. Real Estate ETF during the third quarter valued at approximately $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares U.S. Real Estate ETF during the third quarter valued at approximately $39,000. Fifth Third Bancorp bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $38,000. Finally, Russell Investments Group Ltd. lifted its position in iShares U.S. Real Estate ETF by 68.9% during the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 308 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock opened at $102.77 on Friday. The company has a 50 day simple moving average of $98.76 and a two-hundred day simple moving average of $96.94. iShares U.S. Real Estate ETF has a 1 year low of $91.40 and a 1 year high of $103.58. The firm has a market cap of $4.20 billion, a PE ratio of 35.41 and a beta of 0.99.

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).