Guidance Point Advisors LLC Sells 4,852 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Guidance Point Advisors LLC trimmed its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 12.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 34,177 shares of the real estate investment trust’s stock after selling 4,852 shares during the period. iShares U.S. Real Estate ETF makes up 1.2% of Guidance Point Advisors LLC’s holdings, making the stock its 21st biggest holding. Guidance Point Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $3,126,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Modera Wealth Management LLC increased its stake in shares of iShares U.S. Real Estate ETF by 1.4% in the third quarter. Modera Wealth Management LLC now owns 8,429 shares of the real estate investment trust’s stock worth $659,000 after buying an additional 118 shares during the period. Alliancebernstein L.P. increased its stake in shares of iShares U.S. Real Estate ETF by 1.6% in the third quarter. Alliancebernstein L.P. now owns 7,865 shares of the real estate investment trust’s stock worth $640,000 after buying an additional 127 shares during the period. Flagstar Advisors Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 4.0% in the third quarter. Flagstar Advisors Inc. now owns 3,457 shares of the real estate investment trust’s stock worth $273,000 after buying an additional 132 shares during the period. TAGStone Capital Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 0.9% in the third quarter. TAGStone Capital Inc. now owns 15,596 shares of the real estate investment trust’s stock worth $1,233,000 after buying an additional 137 shares during the period. Finally, Courier Capital LLC increased its stake in shares of iShares U.S. Real Estate ETF by 0.3% in the fourth quarter. Courier Capital LLC now owns 51,595 shares of the real estate investment trust’s stock worth $4,716,000 after buying an additional 153 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR traded down $0.20 during mid-day trading on Wednesday, hitting $81.98. The stock had a trading volume of 1,667,020 shares, compared to its average volume of 6,704,804. iShares U.S. Real Estate ETF has a 1 year low of $72.88 and a 1 year high of $92.85. The business has a 50 day moving average price of $87.81 and a two-hundred day moving average price of $85.34. The firm has a market cap of $3.94 billion, a P/E ratio of 26.96 and a beta of 0.97.

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).