iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Fairway Wealth LLC

Fairway Wealth LLC decreased its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,292 shares of the real estate investment trust’s stock after selling 916 shares during the period. iShares U.S. Real Estate ETF comprises 1.2% of Fairway Wealth LLC’s portfolio, making the stock its 18th largest holding. Fairway Wealth LLC owned 0.10% of iShares U.S. Real Estate ETF worth $3,098,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transcendent Capital Group LLC increased its position in iShares U.S. Real Estate ETF by 159.4% during the 3rd quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 247 shares during the period. Patten & Patten Inc. TN acquired a new position in iShares U.S. Real Estate ETF during the third quarter worth $208,000. Peregrine Asset Advisers Inc. acquired a new stake in iShares U.S. Real Estate ETF in the third quarter valued at $230,000. Wolverine Asset Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth $30,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth $17,701,000.

iShares U.S. Real Estate ETF Stock Down 0.9 %

Shares of IYR opened at $96.05 on Tuesday. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04. The company has a 50-day simple moving average of $95.01 and a 200-day simple moving average of $97.81. The company has a market capitalization of $3.79 billion, a PE ratio of 32.35 and a beta of 1.08.

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).