Cozad Asset Management Inc. Trims Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Cozad Asset Management Inc. cut its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 16.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,725 shares of the real estate investment trust’s stock after selling 535 shares during the period. Cozad Asset Management Inc.’s holdings in iShares U.S. Real Estate ETF were worth $261,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IYR. Brighton Jones LLC raised its stake in iShares U.S. Real Estate ETF by 19.8% during the fourth quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock worth $262,000 after purchasing an additional 466 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Real Estate ETF by 37.4% during the fourth quarter. JPMorgan Chase & Co. now owns 568,030 shares of the real estate investment trust’s stock worth $52,861,000 after purchasing an additional 154,705 shares during the period. Alliancebernstein L.P. increased its position in shares of iShares U.S. Real Estate ETF by 16.1% during the fourth quarter. Alliancebernstein L.P. now owns 5,235 shares of the real estate investment trust’s stock valued at $487,000 after acquiring an additional 726 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at about $377,000. Finally, Allie Family Office LLC increased 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 acquiring an additional 1,984 shares during the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $96.31 on Thursday. iShares U.S. Real Estate ETF has a 1-year low of $81.53 and a 1-year high of $104.04. The stock has a market cap of $3.66 billion, a PE ratio of 35.41 and a beta of 0.91. The firm has a 50-day simple moving average of $95.17 and a two-hundred day simple moving average of $94.47.

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).