iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Bought by SSI Investment Management LLC

SSI Investment Management LLC lifted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 587.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,391 shares of the real estate investment trust’s stock after buying an additional 35,372 shares during the period. SSI Investment Management LLC owned about 0.12% of iShares U.S. Real Estate ETF worth $4,217,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp acquired a new stake in iShares U.S. Real Estate ETF in the second quarter valued at $25,000. Wolverine Asset Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $30,000. Sachetta LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at about $31,000. International Assets Investment Management LLC purchased a new stake in iShares U.S. Real Estate ETF during the second quarter worth about $37,000. Finally, AlphaMark Advisors LLC acquired a new position in iShares U.S. Real Estate ETF during the third quarter worth about $41,000.

iShares U.S. Real Estate ETF Trading Down 0.2 %

IYR stock opened at $98.91 on Thursday. The firm has a 50 day moving average of $100.26 and a 200-day moving average of $94.31. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12-month low of $81.25 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).