Stevens Capital Management LP Makes New $3.86 Million Investment in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Stevens Capital Management LP acquired a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 42,200 shares of the real estate investment trust’s stock, valued at approximately $3,858,000. iShares U.S. Real Estate ETF accounts for approximately 1.0% of Stevens Capital Management LP’s investment portfolio, making the stock its 15th biggest holding. Stevens Capital Management LP owned about 0.12% of iShares U.S. Real Estate ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Citigroup Inc. lifted its stake in shares of iShares U.S. Real Estate ETF by 592.7% in the third quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock worth $80,857,000 after buying an additional 1,244,785 shares in the last quarter. Morgan Stanley increased its holdings in iShares U.S. Real Estate ETF by 28.4% during the third quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock valued at $365,289,000 after buying an additional 1,033,819 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter worth $19,261,000. Pathstone Family Office LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter worth $17,586,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $9,952,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR traded up $0.13 during midday trading on Friday, reaching $83.24. The stock had a trading volume of 4,978,874 shares, compared to its average volume of 6,623,192. The stock has a 50-day moving average of $87.22 and a 200-day moving average of $85.52. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a 12-month low of $72.88 and a 12-month high of $92.85.

iShares U.S. Real Estate ETF Company 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).