iShares U.S. Real Estate ETF $IYR Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC increased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 21.0% in the 4th quarter, HoldingsChannel reports. The fund owned 38,089 shares of the real estate investment trust’s stock after purchasing an additional 6,610 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares U.S. Real Estate ETF were worth $3,635,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Assetmark Inc. increased its stake 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 worth $25,000 after acquiring an additional 159 shares during the last quarter. Modus Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth $28,000. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth $38,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $39,000. Finally, AlphaCore Capital LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $47,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Trading Up 1.5%

Shares of IYR opened at $104.64 on Friday. The firm has a market cap of $4.28 billion, a P/E ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $104.77. The company’s 50-day moving average price is $102.07 and its 200 day moving average price is $98.55.

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).