Recent Institutional Activity in iShares U.S. Real Estate ETF (IYR)
Trexquant Investment LP Acquires New Stake in iShares U.S. Real Estate ETF
In an exciting development in the world of investments, Trexquant Investment LP has recently acquired a new stake in the iShares U.S. Real Estate ETF. According to a 13F filing with the Securities and Exchange Commission, the institutional investor now holds 11,973 shares of the real estate investment trust’s stock, with an estimated value of $936,000.
This move by Trexquant Investment LP is part of a larger trend of investment firms adjusting their portfolios. WealthNavi Inc. also increased its holdings in the iShares U.S. Real Estate ETF by 10.2% in the 3rd quarter, while Bank of America Corp DE and Citigroup Inc. also made significant changes to their positions in the stock.
Overall, the iShares U.S. Real Estate ETF has been performing well, with the stock trading up 0.3% recently. With a market capitalization of $3.12 billion and a solid P/E ratio, the ETF has been attracting the attention of investors looking to capitalize on the real estate sector of the United States equity market.
Investors who are interested in tracking the performance of the iShares U.S. Real Estate ETF can visit HoldingsChannel.com for the latest 13F filings and insider trades. With the real estate sector continuing to show promise, this ETF could be a valuable addition to any investment portfolio.
