iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Cross Below 200 Day Moving Average – Here’s What Happened

iShares U.S. Real Estate ETF (NYSEARCA:IYR)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $101.49 and traded as low as $95.51. iShares U.S. Real Estate ETF shares last traded at $96.12, with a volume of 5,466,514 shares traded.

iShares U.S. Real Estate ETF Price Performance

The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. The firm has a 50 day moving average price of $102.41 and a 200-day moving average price of $101.48.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IYR. Corient Private Wealth LLC increased its holdings in iShares U.S. Real Estate ETF by 21.0% in the fourth quarter. Corient Private Wealth LLC now owns 38,089 shares of the real estate investment trust’s stock valued at $3,635,000 after buying an additional 6,610 shares during the last quarter. WealthNavi Inc. lifted its holdings in iShares U.S. Real Estate ETF by 2.9% during the 1st quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after buying an additional 171,312 shares during the last quarter. Walleye Capital LLC lifted its holdings in iShares U.S. Real Estate ETF by 1,623.5% during the 1st quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock worth $17,021,000 after buying an additional 169,556 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $469,000. Finally, Global Endowment Management LP boosted its position in shares of iShares U.S. Real Estate ETF by 16.8% during the 4th quarter. Global Endowment Management LP now owns 158,940 shares of the real estate investment trust’s stock worth $14,923,000 after acquiring an additional 22,860 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

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).