Trexquant Investment LP Sells 1,636 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Trexquant Investment LP trimmed its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 20.8% in the fourth quarter, HoldingsChannel reports. The firm owned 6,225 shares of the real estate investment trust’s stock after selling 1,636 shares during the quarter. Trexquant Investment LP’s holdings in iShares U.S. Real Estate ETF were worth $579,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYR. Barclays PLC raised its stake in shares of iShares U.S. Real Estate ETF by 5,921.5% during the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after purchasing an additional 9,829,412 shares during the period. Cibc World Markets Corp boosted its stake in iShares U.S. Real Estate ETF by 10.6% in the fourth quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock valued at $373,417,000 after acquiring an additional 382,943 shares during the last quarter. CenterStar Asset Management LLC grew its position in shares of iShares U.S. Real Estate ETF by 101.6% during the 4th quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock valued at $408,000 after acquiring an additional 274,929 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after purchasing an additional 241,586 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth approximately $22,230,000.

iShares U.S. Real Estate ETF Trading Up 1.5 %

iShares U.S. Real Estate ETF stock opened at $88.60 on Friday. The business’s 50 day simple moving average is $94.65 and its 200 day simple moving average is $96.35. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04. The company has a market cap of $2.90 billion, a price-to-earnings ratio of 29.60 and a beta of 0.99.

iShares U.S. Real Estate ETF 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).