Pinnacle Financial Partners Inc decreased its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 15.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,057 shares of the real estate investment trust’s stock after selling 1,107 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares U.S. Real Estate ETF were worth $617,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of IYR. Fifth Third Bancorp acquired a new stake in iShares U.S. Real Estate ETF during the second quarter valued at approximately $25,000. Wolverine Asset Management LLC bought a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth about $30,000. Sachetta LLC bought a new position in iShares U.S. Real Estate ETF in the 2nd quarter worth about $31,000. International Assets Investment Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $37,000. Finally, AlphaMark Advisors LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at $41,000.
iShares U.S. Real Estate ETF Trading Down 0.9 %
IYR stock opened at $97.69 on Friday. iShares U.S. Real Estate ETF has a 52 week low of $81.02 and a 52 week high of $104.04. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The firm’s 50-day moving average is $100.43 and its two-hundred day moving average is $93.83.
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).
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