Massmutual Trust Co. reduces its stake in iShares US Real Estate ETF by 38.8%

Massmutual Trust Co. FSB ADV reduced its stake in the iShares U.S. Real Estate ETF by 38.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The Fund held 394 shares of the real estate investment trust company after selling 250 during the period. Massmutual Trust Co. FSB ADV’s stake in the iShares U.S. Real Estate ETF was worth $35,000 after the most recent quarter.

Several additional institutional investors have increased or decreased their shares in the business. Modera Wealth Management LLC increased its iShares U.S. Real Estate ETF holdings by 1.4% during the third quarter. Modera Wealth Management LLC now owns 8,429 shares of the real estate investment trust’s stock, valued at $659,000, after purchasing an additional 118 shares in the last quarter. Intrust Bank NA increased its iShares U.S. Real Estate ETF holdings by 3.9% in the fourth quarter.

Checchi Capital Advisers LLC now owns 23,906 shares of the real estate investment trust’s stock, valued at $2,185,000, having purchased an additional 164 shares during the period. Finally, Private Ocean LLC increased its holdings in the iShares U.S. Real Estate ETF by 11.8% in the fourth quarter. Private Ocean LLC now owns 1,588 shares of the real estate investment trust’s stock valued at $145,000, having purchased an additional 168 shares during the period.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $87.13 on Friday. The company’s 50-day moving average is $85.41, while its 200-day moving average is $87.48. The stock has a market value of $2.94 billion, a P/E ratio of 26.05, and a beta of 0.98. The iShares U.S. Real Estate ETF has a one-year low of $72.88 and a high of $92.85. The iShares U.S. Real Estate ETF, formerly the iShares Dow Jones U.S. Real Estate Index Fund (the Fund), is not diversified. The Fund seeks investment returns that are typically consistent with the price and yield performance of the Dow Jones U.S. Real Estate Index (Index). The index tracks the performance of the real estate sector of the U.S. equity market, which includes companies from industry groupings such as real estate holding and development and real estate investment trusts (REITs).