iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by TAGStone Capital Inc.

TAGStone Capital Inc. lessened its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 0.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,721 shares of the real estate investment trust’s stock after selling 120 shares during the period. TAGStone Capital Inc.’s holdings in iShares U.S. Real Estate ETF were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings 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 during the last quarter. Franklin Resources Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 19.1% in the third quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock valued at $203,000 after buying an additional 325 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 5.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock valued at $361,000 after buying an additional 207 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at about $4,176,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of iShares U.S. Real Estate ETF by 109.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock valued at $196,000 after buying an additional 1,101 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR opened at $94.42 on Monday. The company has a 50-day simple moving average of $95.51 and a 200-day simple moving average of $97.53. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08.

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).