Bear Mountain Capital Inc. Grows Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bear Mountain Capital Inc. grew its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 12.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,966 shares of the real estate investment trust’s stock after purchasing an additional 216 shares during the period. Bear Mountain Capital Inc.’s holdings in iShares U.S. Real Estate ETF were worth $186,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Modus Advisors LLC purchased a new stake in iShares U.S. Real Estate ETF during the 4th quarter worth $28,000. Wolverine Asset Management LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter valued at about $30,000. Avior Wealth Management LLC grew its stake 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 valued at $37,000 after acquiring an additional 238 shares in the last quarter. Transcendent Capital Group LLC increased its position 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 acquiring an additional 247 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth about $69,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $96.37 on Thursday. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The stock has a 50-day moving average price of $94.14 and a 200 day moving average price of $97.62. The company has a market capitalization of $3.98 billion, a P/E ratio of 34.21 and a beta of 1.07.

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).