Rebalance LLC Sells 4,736 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rebalance LLC lowered its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.9% in the 4th quarter, HoldingsChannel reports. The fund owned 63,653 shares of the real estate investment trust’s stock after selling 4,736 shares during the period. iShares U.S. Real Estate ETF accounts for approximately 0.4% of Rebalance LLC’s holdings, making the stock its 23rd largest holding. Rebalance LLC’s holdings in iShares U.S. Real Estate ETF were worth $5,924,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 159.4% in the 3rd quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 247 shares during the period. Passaic Partners LLC lifted its position in iShares U.S. Real Estate ETF by 43.9% in the third quarter. Passaic Partners LLC now owns 221,433 shares of the real estate investment trust’s stock worth $22,557,000 after buying an additional 67,553 shares during the last quarter. Patten & Patten Inc. TN purchased a new position in iShares U.S. Real Estate ETF during the third quarter worth $208,000. Peregrine Asset Advisers Inc. bought a new position in iShares U.S. Real Estate ETF during the third quarter valued at $230,000. Finally, Wolverine Asset Management LLC bought a new position in iShares U.S. Real Estate ETF during the third quarter valued at $30,000.

iShares U.S. Real Estate ETF Trading Up 0.7 %

iShares U.S. Real Estate ETF stock opened at $96.97 on Monday. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04. The firm has a 50-day moving average price of $94.93 and a 200-day moving average price of $97.82. The firm has a market capitalization of $3.83 billion, a PE ratio of 32.35 and a beta of 1.08.

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).