iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Whitegate Investment Counselors Inc.

Whitegate Investment Counselors Inc. lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,677 shares of the real estate investment trust’s stock after selling 2,884 shares during the period. iShares U.S. Real Estate ETF comprises 1.4% of Whitegate Investment Counselors Inc.’s investment portfolio, making the stock its 21st biggest position. Whitegate Investment Counselors Inc. owned about 0.14% of iShares U.S. Real Estate ETF worth $4,541,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IYR. Citigroup Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 592.7% during the third quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock valued at $80,857,000 after acquiring an additional 1,244,785 shares during the last quarter. Morgan Stanley raised its stake in iShares U.S. Real Estate ETF by 28.4% in the 3rd quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock valued at $365,289,000 after purchasing an additional 1,033,819 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter valued at $19,261,000. Pathstone Family Office LLC acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth $17,586,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $9,952,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR traded up $0.64 during mid-day trading on Friday, reaching $84.46. The company’s stock had a trading volume of 12,365,661 shares, compared to its average volume of 6,865,731. The stock has a market capitalization of $3.68 billion, a P/E ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $92.85. The stock has a 50-day moving average of $86.75 and a two-hundred day moving average of $85.78.

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).