Bank of Montreal Can Cuts Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bank of Montreal Can decreased its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 19.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 109,214 shares of the real estate investment trust’s stock after selling 26,392 shares during the period. Bank of Montreal Can’s holdings in iShares U.S. Real Estate ETF were worth $11,047,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IYR. B. Riley Wealth Advisors Inc. lifted its holdings in iShares U.S. Real Estate ETF by 21.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 2,980 shares of the real estate investment trust’s stock valued at $268,000 after purchasing an additional 519 shares in the last quarter. Cetera Investment Advisers boosted its holdings in iShares U.S. Real Estate ETF by 404.7% in the 1st quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock worth $2,806,000 after buying an additional 25,024 shares during the last quarter. Cetera Advisors LLC increased its stake in iShares U.S. Real Estate ETF by 79.5% during the 1st quarter. Cetera Advisors LLC now owns 10,336 shares of the real estate investment trust’s stock worth $929,000 after buying an additional 4,579 shares in the last quarter. Mather Group LLC. raised its holdings in shares of iShares U.S. Real Estate ETF by 348.7% during the second quarter. Mather Group LLC. now owns 682 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 530 shares during the last quarter. Finally, Parkside Advisors LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 1.6% during the second quarter. Parkside Advisors LLC now owns 15,523 shares of the real estate investment trust’s stock valued at $1,362,000 after acquiring an additional 240 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA:IYR opened at $102.31 on Monday. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year high of $104.04. The firm has a market capitalization of $3.45 billion, a PE ratio of 26.05 and a beta of 0.98. The business’s 50 day moving average price is $100.06 and its 200-day moving average price is $95.17.

About iShares U.S. Real Estate ETF

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).