Sage Rhino Capital LLC Cuts Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sage Rhino Capital LLC cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,154 shares of the real estate investment trust’s stock after selling 367 shares during the quarter. Sage Rhino Capital LLC owned about 0.05% of iShares U.S. Real Estate ETF worth $1,751,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth about $208,000. Intrust Bank NA increased its position in shares of iShares U.S. Real Estate ETF by 3.9% during the fourth quarter. Intrust Bank NA now owns 3,657 shares of the real estate investment trust’s stock worth $334,000 after acquiring an additional 137 shares during the last quarter. Naviter Wealth LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth about $240,000. Silver Oak Securities Incorporated increased its position in shares of iShares U.S. Real Estate ETF by 96.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 16,952 shares of the real estate investment trust’s stock worth $1,550,000 after acquiring an additional 8,344 shares during the last quarter. Finally, Magnus Financial Group LLC increased its position in shares of iShares U.S. Real Estate ETF by 1.2% during the fourth quarter. Magnus Financial Group LLC now owns 110,118 shares of the real estate investment trust’s stock worth $10,066,000 after acquiring an additional 1,332 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA:IYR traded down $1.50 during mid-day trading on Tuesday, reaching $82.62. The stock had a trading volume of 9,296,307 shares, compared to its average volume of 6,642,312. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $92.85. The stock’s 50 day simple moving average is $87.08 and its two-hundred day simple moving average is $85.70.

About iShares U.S. Real Estate ETF

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).