iShares U.S. Real Estate ETF $IYR Shares Bought by Sage Rhino Capital LLC

Sage Rhino Capital LLC grew its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 24.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 31,706 shares of the real estate investment trust’s stock after buying an additional 6,171 shares during the quarter. Sage Rhino Capital LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,998,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. grew its position in iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 159 shares during the period. Modus Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $28,000. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $38,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $39,000. Finally, AlphaCore Capital LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $47,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR traded up $1.91 during trading on Tuesday, reaching $105.14. 1,452,788 shares of the stock were exchanged, compared to its average volume of 6,978,068. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $105.16. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 35.41 and a beta of 0.97. The firm’s 50-day moving average price is $102.25 and its 200 day moving average price is $98.96.

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).