HB Wealth Management LLC Reduces Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

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HB Wealth Management LLC Decreases Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Title: HB Wealth Management LLC Decreases Holdings in iShares U.S. Real Estate ETF

In a recent move, HB Wealth Management LLC reduced its holdings in iShares U.S. Real Estate ETF by 21.2% during the 4th quarter, as reported by HoldingsChannel. The fund sold 2,313 shares, bringing their total ownership to 8,581 shares valued at $784,000.

Other institutional investors and hedge funds have also made changes to their holdings in the company. Ancora Advisors LLC increased their holdings by 202.0%, Tucker Asset Management LLC by 742.0%, Cary Street Partners Investment Advisory LLC acquired a new stake, Asset Dedication LLC increased their holdings by 86.5%, and GeoWealth Management LLC acquired a new stake.

The price performance of iShares U.S. Real Estate ETF shows that the stock opened at $87.07 with a market cap of $3.03 billion. The stock has a price-to-earnings ratio of 28.43 and a beta of 0.91, with a 52-week low of $72.88 and a high of $92.85. The stock’s 50-day simple moving average is $87.97 and the 200-day moving average is $84.78.

iShares U.S. Real Estate ETF, formerly known as iShares Dow Jones U.S. Real Estate Index Fund, seeks to match the performance of the Dow Jones U.S. Real Estate Index. This index measures the performance of the real estate sector of the U.S. equity market, including companies in real estate holding, development, and REITs.

For more information on iShares U.S. Real Estate ETF and its recent activity, visit HoldingsChannel.com for the latest 13F filings and insider trades. Stay updated on the company’s performance by subscribing to MarketBeat.com’s daily email newsletter.

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