Christopher J. Hasenberg Inc Cuts Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Christopher J. Hasenberg Inc reduced its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 98.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 463 shares of the real estate investment trust’s stock after selling 27,903 shares during the period. Christopher J. Hasenberg Inc’s holdings in iShares U.S. Real Estate ETF were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of IYR. Bank of New York Mellon Corp lifted its stake in iShares U.S. Real Estate ETF by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 16,676 shares of the real estate investment trust’s stock worth $1,463,000 after acquiring an additional 785 shares during the last quarter. Choreo LLC boosted its holdings in iShares U.S. Real Estate ETF by 18.3% in the second quarter. Choreo LLC now owns 3,234 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 500 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares U.S. Real Estate ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 132,819 shares of the real estate investment trust’s stock valued at $11,654,000 after purchasing an additional 4,695 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at $5,346,000. Finally, Tower Wealth Partners Inc. grew its position in shares of iShares U.S. Real Estate ETF by 3.6% in the 2nd quarter. Tower Wealth Partners Inc. now owns 3,894 shares of the real estate investment trust’s stock valued at $342,000 after buying an additional 135 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA:IYR opened at $91.46 on Wednesday. The stock has a market cap of $3.09 billion, a P/E ratio of 26.05 and a beta of 0.98. The firm has a fifty day moving average price of $96.51 and a 200 day moving average price of $96.99. iShares U.S. Real Estate ETF has a 1-year low of $81.25 and a 1-year 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).