Bank of New York Mellon Corp Reduces Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bank of New York Mellon Corp reduced its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYRFree Report) by 8.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,107 shares of the real estate investment trust’s stock after selling 2,299 shares during the quarter. Bank of New York Mellon Corp owned about 0.07% of iShares U.S. Real Estate ETF worth $1,884,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IYR. Cozad Asset Management Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 3.1% in the second quarter. Cozad Asset Management Inc. now owns 3,766 shares of the real estate investment trust’s stock worth $326,000 after purchasing an additional 115 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of iShares U.S. Real Estate ETF by 1.6% in the third quarter. Alliancebernstein L.P. now owns 7,865 shares of the real estate investment trust’s stock worth $640,000 after acquiring an additional 127 shares during the period. Flagstar Advisors Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 4.0% in the third quarter. Flagstar Advisors Inc. now owns 3,457 shares of the real estate investment trust’s stock worth $273,000 after acquiring an additional 132 shares during the period. Great Point Wealth Advisors LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 5.5% in the second quarter. Great Point Wealth Advisors LLC now owns 2,873 shares of the real estate investment trust’s stock worth $249,000 after acquiring an additional 150 shares during the period. Finally, Aveo Capital Partners LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 3.1% in the second quarter. Aveo Capital Partners LLC now owns 5,150 shares of the real estate investment trust’s stock worth $446,000 after acquiring an additional 155 shares during the period.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $86.52 on Wednesday. iShares U.S. Real Estate ETF has a one year low of $72.88 and a one year high of $93.10. The firm has a market capitalization of $3.02 billion, a P/E ratio of 28.43 and a beta of 0.91. The business has a fifty day moving average of $88.79 and a 200 day moving average of $84.17.

iShares U.S. Real Estate ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares U.S. Real Estate ETF (NYSEARCA:IYR)

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