iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by Omega Financial Group LLC

Omega Financial Group LLC cut its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 35.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,384 shares of the real estate investment trust’s stock after selling 2,979 shares during the quarter. Omega Financial Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $501,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Modus Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth $28,000. Wolverine Asset Management LLC purchased a new position in iShares U.S. Real Estate ETF during the third quarter worth about $30,000. AlphaMark Advisors LLC acquired a new stake in iShares U.S. Real Estate ETF in the third quarter valued at about $41,000. Transcendent Capital Group LLC boosted its holdings in iShares U.S. Real Estate ETF by 159.4% in the 3rd quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $69,000.

iShares U.S. Real Estate ETF Trading Up 2.3 %

Shares of IYR stock opened at $93.96 on Friday. The stock has a 50 day simple moving average of $96.32 and a 200-day simple moving average of $96.93. The company has a market cap of $3.17 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04.

iShares U.S. Real Estate ETF 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).