Sierra Capital LLC Has $423,000 Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sierra Capital LLC reduced its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 28.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,544 shares of the real estate investment trust’s stock after selling 1,780 shares during the quarter. Sierra Capital LLC’s holdings in iShares U.S. Real Estate ETF were worth $423,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth approximately $28,000. Wolverine Asset Management LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the third quarter valued at $30,000. Avior Wealth Management LLC lifted its position in iShares U.S. Real Estate ETF by 146.0% in the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 238 shares during the period. Transcendent Capital Group LLC boosted its stake in iShares U.S. Real Estate ETF by 159.4% during the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new stake in iShares U.S. Real Estate ETF during the third quarter worth $69,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $96.61 on Tuesday. The firm has a fifty day moving average of $94.09 and a 200-day moving average of $97.68. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week 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).