iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Foundation Wealth Management LLC

Foundation Wealth Management LLC cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,740 shares of the real estate investment trust’s stock after selling 243 shares during the period. iShares U.S. Real Estate ETF makes up approximately 1.2% of Foundation Wealth Management LLC’s holdings, making the stock its 17th largest holding. Foundation Wealth Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,558,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYR. Barclays PLC increased its stake in iShares U.S. Real Estate ETF by 5,921.5% in the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after purchasing an additional 9,829,412 shares in the last quarter. WealthNavi Inc. boosted its position in iShares U.S. Real Estate ETF by 1.6% during the fourth quarter. WealthNavi Inc. now owns 4,456,004 shares of the real estate investment trust’s stock worth $414,676,000 after purchasing an additional 68,048 shares in the last quarter. Money Design Co. Ltd. grew its holdings in iShares U.S. Real Estate ETF by 7.0% in the fourth quarter. Money Design Co. Ltd. now owns 525,048 shares of the real estate investment trust’s stock valued at $48,451,000 after purchasing an additional 34,505 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Real Estate ETF by 140.7% in the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after buying an additional 241,586 shares in the last quarter. Finally, Connable Office Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 1.7% during the 4th quarter. Connable Office Inc. now owns 411,457 shares of the real estate investment trust’s stock worth $38,290,000 after buying an additional 7,064 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Down 2.7 %

iShares U.S. Real Estate ETF stock opened at $96.34 on Friday. The firm has a market capitalization of $3.97 billion, a PE ratio of 34.21 and a beta of 1.07. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The firm’s 50-day simple moving average is $94.85 and its 200 day simple moving average is $97.80.

iShares U.S. Real Estate ETF Company 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).