WealthNavi Inc. Has $568.33 Million Holdings in iShares U.S. Real Estate ETF $IYR

WealthNavi Inc. lifted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,010,249 shares of the real estate investment trust’s stock after purchasing an additional 171,312 shares during the quarter. iShares U.S. Real Estate ETF accounts for about 4.9% of WealthNavi Inc.’s holdings, making the stock its 6th largest holding. WealthNavi Inc. owned approximately 14.64% of iShares U.S. Real Estate ETF worth $568,329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Moors & Cabot Inc. lifted its position in iShares U.S. Real Estate ETF by 1.3% in the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock worth $815,000 after buying an additional 108 shares during the last quarter. Graybill Wealth Management LTD. grew its position in iShares U.S. Real Estate ETF by 2.1% during the fourth quarter. Graybill Wealth Management LTD. now owns 5,220 shares of the real estate investment trust’s stock valued at $490,000 after acquiring an additional 108 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of iShares U.S. Real Estate ETF by 15.2% during the third quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock worth $84,000 after acquiring an additional 115 shares in the last quarter. Centaurus Financial Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 1.1% during the third quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock worth $1,074,000 after acquiring an additional 116 shares in the last quarter. Finally, Allie Family Office LLC raised its stake in shares of iShares U.S. Real Estate ETF by 0.3% during the fourth quarter. Allie Family Office LLC now owns 50,499 shares of the real estate investment trust’s stock worth $4,738,000 after acquiring an additional 131 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR opened at $103.10 on Friday. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $104.74. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of 35.41 and a beta of 0.97. The firm has a 50 day moving average price of $101.98 and a 200-day moving average price of $98.51.

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).