Guidance Point Advisors LLC Sells 238 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Guidance Point Advisors LLC lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,575 shares of the real estate investment trust’s stock after selling 238 shares during the period. Guidance Point Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $984,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYR. Allie Family Office LLC lifted its position in shares of iShares U.S. Real Estate ETF by 6.6% during the fourth quarter. Allie Family Office LLC now owns 31,856 shares of the real estate investment trust’s stock valued at $2,964,000 after purchasing an additional 1,984 shares in the last quarter. Headlands Technologies LLC purchased a new stake in iShares U.S. Real Estate ETF in the 4th quarter valued at about $377,000. Alliancebernstein L.P. increased its stake in iShares U.S. Real Estate ETF by 16.1% in the 4th quarter. Alliancebernstein L.P. now owns 5,235 shares of the real estate investment trust’s stock valued at $487,000 after buying an additional 726 shares during the last quarter. Physician Wealth Advisors Inc. bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth approximately $125,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $478,000.

iShares U.S. Real Estate ETF Stock Up 0.4 %

IYR stock opened at $96.22 on Thursday. The firm has a market cap of $3.51 billion, a PE ratio of 31.93 and a beta of 1.08. The business has a 50 day moving average of $95.86 and a 200-day moving average of $97.23. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04.

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).