WealthNavi Inc. Acquires 68,048 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

WealthNavi Inc. raised its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,456,004 shares of the real estate investment trust’s stock after acquiring an additional 68,048 shares during the quarter. iShares U.S. Real Estate ETF accounts for 4.8% of WealthNavi Inc.’s investment portfolio, making the stock its 5th biggest holding. WealthNavi Inc. owned about 0.13% of iShares U.S. Real Estate ETF worth $414,676,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in IYR. Barclays PLC lifted its stake in iShares U.S. Real Estate ETF by 5,921.5% in the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after buying an additional 9,829,412 shares during the period. CenterStar Asset Management LLC lifted its stake in iShares U.S. Real Estate ETF by 101.6% in the fourth quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock valued at $408,000 after buying an additional 274,929 shares during the period. JPMorgan Chase & Co. lifted its stake in 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 period. Raymond James Financial Inc. acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $22,230,000. Finally, Apollon Wealth Management LLC acquired a new position in iShares U.S. Real Estate ETF in the third quarter valued at approximately $17,701,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $98.98 on Thursday. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04. The business’s 50 day moving average price is $94.79 and its two-hundred day moving average price is $97.81. The firm has a market cap of $4.08 billion, a PE ratio of 34.21 and a beta of 1.07.

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).