iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Position Increased by Passaic Partners LLC

Passaic Partners LLC increased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 43.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 221,433 shares of the real estate investment trust’s stock after buying an additional 67,553 shares during the period. iShares U.S. Real Estate ETF accounts for 3.4% of Passaic Partners LLC’s investment portfolio, making the stock its 5th biggest position. Passaic Partners LLC’s holdings in iShares U.S. Real Estate ETF were worth $22,557,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IYR. Allspring Global Investments Holdings LLC purchased a new position in iShares U.S. Real Estate ETF during the 3rd quarter valued at about $69,000. Capstone Triton Financial Group LLC increased its holdings in iShares U.S. Real Estate ETF by 2.2% during the 2nd quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock worth $710,000 after acquiring an additional 174 shares during the period. Sanctuary Advisors LLC bought a new position in iShares U.S. Real Estate ETF in the 2nd quarter valued at $385,000. Cetera Investment Advisers grew its position in shares of iShares U.S. Real Estate ETF by 404.7% during the 1st quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock valued at $2,806,000 after purchasing an additional 25,024 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of iShares U.S. Real Estate ETF by 2.0% in the second quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock worth $9,473,000 after purchasing an additional 2,110 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $99.89 on Friday. The company has a market capitalization of $3.37 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 52-week low of $77.06 and a 52-week high of $104.04. The business’s fifty day moving average is $100.50 and its 200 day moving average is $93.51.

iShares U.S. Real Estate ETF 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).