Ilmarinen Mutual Pension Insurance Co boosted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 41.8% in the 4th quarter, HoldingsChannel reports. The firm owned 957,177 shares of the real estate investment trust’s stock after purchasing an additional 282,050 shares during the period. iShares U.S. Real Estate ETF makes up about 0.8% of Ilmarinen Mutual Pension Insurance Co’s holdings, making the stock its 17th largest holding. Ilmarinen Mutual Pension Insurance Co’s holdings in iShares U.S. Real Estate ETF were worth $89,075,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clear Investment Research LLC grew its position in shares of iShares U.S. Real Estate ETF by 5.0% in the fourth quarter. Clear Investment Research LLC now owns 2,301 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 109 shares during the period. Optimum Investment Advisors grew its holdings in iShares U.S. Real Estate ETF by 8.2% in the 4th quarter. Optimum Investment Advisors now owns 1,612 shares of the real estate investment trust’s stock valued at $150,000 after buying an additional 122 shares during the period. Arkansas Financial Group Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 0.3% during the 4th quarter. Arkansas Financial Group Inc. now owns 54,938 shares of the real estate investment trust’s stock valued at $5,112,000 after acquiring an additional 140 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of iShares U.S. Real Estate ETF by 3.2% during the 4th quarter. Spire Wealth Management now owns 5,127 shares of the real estate investment trust’s stock worth $477,000 after acquiring an additional 159 shares during the period. Finally, Parkside Advisors LLC grew its holdings in iShares U.S. Real Estate ETF by 1.1% in the fourth quarter. Parkside Advisors LLC now owns 15,735 shares of the real estate investment trust’s stock valued at $1,464,000 after purchasing an additional 176 shares during the period.
iShares U.S. Real Estate ETF Stock Performance
Shares of IYR stock opened at $89.11 on Friday. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 31.93 and a beta of 1.08. The company has a 50 day moving average price of $95.72 and a 200 day moving average price of $97.10. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04.
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).
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