HighTower Advisors LLC Sells 195 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

HighTower Advisors LLC decreased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,682 shares of the real estate investment trust’s stock after selling 195 shares during the period. HighTower Advisors LLC owned about 0.23% of iShares U.S. Real Estate ETF worth $7,229,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IYR. Moors & Cabot Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 4.0% during the 4th quarter. Moors & Cabot Inc. now owns 7,929 shares of the real estate investment trust’s stock valued at $738,000 after purchasing an additional 305 shares during the last quarter. Wealthfront Advisers LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $42,000. Independent Advisor Alliance bought a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $337,000. Sowell Financial Services LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 21.8% during the 4th quarter. Sowell Financial Services LLC now owns 17,991 shares of the real estate investment trust’s stock valued at $1,674,000 after purchasing an additional 3,224 shares during the last quarter. Finally, Naviter Wealth LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 215.2% during the 4th quarter. Naviter Wealth LLC now owns 20,335 shares of the real estate investment trust’s stock valued at $1,892,000 after purchasing an additional 13,883 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

IYR stock opened at $95.39 on Wednesday. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The firm’s fifty day moving average is $95.26 and its 200 day moving average is $97.63. The firm has a market cap of $3.76 billion, a P/E ratio of 32.35 and a beta of 1.08.

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).