Sanctuary Advisors LLC Sells 471 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sanctuary Advisors LLC trimmed its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 11.9% in the fourth quarter, HoldingsChannel reports. The firm owned 3,474 shares of the real estate investment trust’s stock after selling 471 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new position in iShares U.S. Real Estate ETF during the third quarter worth $30,000. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $28,000. Avior Wealth Management LLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 146.0% during the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 238 shares in the last quarter. Transcendent Capital Group LLC lifted its holdings in shares of 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 shares of iShares U.S. Real Estate ETF during the third quarter worth $69,000.

iShares U.S. Real Estate ETF Stock Performance

IYR opened at $98.90 on Tuesday. iShares U.S. Real Estate ETF has a fifty-two week low of $81.25 and a fifty-two week high of $104.04. The company has a market capitalization of $4.08 billion, a P/E ratio of 34.21 and a beta of 1.07. The stock has a fifty day moving average of $94.59 and a 200-day moving average of $97.78.

About iShares U.S. Real Estate ETF

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).