Rebalance LLC Has $6.97 Million Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rebalance LLC lifted its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 7.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,389 shares of the real estate investment trust’s stock after acquiring an additional 4,934 shares during the quarter. iShares U.S. Real Estate ETF makes up approximately 0.5% of Rebalance LLC’s portfolio, making the stock its 22nd biggest position. Rebalance LLC owned 0.20% of iShares U.S. Real Estate ETF worth $6,967,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Jacobi Capital Management LLC bought a new stake in iShares U.S. Real Estate ETF during the 1st quarter worth approximately $8,732,000. SG Americas Securities LLC grew its stake in shares of iShares U.S. Real Estate ETF by 86.1% in the third quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock worth $21,285,000 after purchasing an additional 96,659 shares during the last quarter. Aspect Partners LLC increased its holdings in iShares U.S. Real Estate ETF by 1,287.6% in the third quarter. Aspect Partners LLC now owns 102,337 shares of the real estate investment trust’s stock valued at $10,425,000 after purchasing an additional 94,962 shares during the period. Virtu Financial LLC bought a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth $5,346,000. Finally, Pineridge Advisors LLC bought a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth $3,706,000.

iShares U.S. Real Estate ETF Stock Up 0.2 %

Shares of NYSEARCA IYR traded up $0.25 during trading on Wednesday, reaching $100.26. The company had a trading volume of 1,209,704 shares, compared to its average volume of 5,761,725. The stock has a market cap of $3.38 billion, a P/E ratio of 26.05 and a beta of 0.98. The company’s fifty day moving average price is $100.04 and its 200-day moving average price is $92.19. iShares U.S. Real Estate ETF has a 12 month low of $72.88 and a 12 month high of $104.04.

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).