Ilmarinen Mutual Pension Insurance Co Boosts Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ilmarinen Mutual Pension Insurance Co raised its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 41.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 957,177 shares of the real estate investment trust’s stock after buying an additional 282,050 shares during the quarter. iShares U.S. Real Estate ETF comprises about 0.8% of Ilmarinen Mutual Pension Insurance Co’s investment portfolio, making the stock its 17th largest holding. Ilmarinen Mutual Pension Insurance Co owned approximately 2.84% of iShares U.S. Real Estate ETF worth $89,075,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Verition Fund Management LLC grew its stake in shares of iShares U.S. Real Estate ETF by 41.1% during the third quarter. Verition Fund Management LLC now owns 12,071 shares of the real estate investment trust’s stock worth $1,230,000 after acquiring an additional 3,516 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of iShares U.S. Real Estate ETF during the third quarter worth $509,000. HighTower Advisors LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 46.0% during the third quarter. HighTower Advisors LLC now owns 77,877 shares of the real estate investment trust’s stock valued at $7,945,000 after buying an additional 24,551 shares during the last quarter. IHT Wealth Management LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth $329,000. Finally, Point72 Asset Management L.P. acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth about $14,771,000.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $89.11 on Friday. The business’s 50-day simple moving average is $95.72 and its two-hundred day simple moving average is $97.10. The company has a market cap of $3.25 billion, a PE ratio of 31.93 and a beta of 1.08. iShares U.S. Real Estate ETF has a fifty-two week low of $81.25 and a fifty-two week high of $104.04.

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).