Sumitomo Mitsui DS Asset Management Company Ltd Makes New $37.72 Million Investment in iShares U.S. Real Estate ETF $IYR

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 396,916 shares of the real estate investment trust’s stock, valued at approximately $37,723,000. Sumitomo Mitsui DS Asset Management Company Ltd owned about 0.95% of iShares U.S. Real Estate ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthNavi Inc. increased its position in shares of iShares U.S. Real Estate ETF by 2.9% during the first quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after acquiring an additional 171,312 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter valued at approximately $399,722,000. Bank of America Corp DE grew its stake in iShares U.S. Real Estate ETF by 12.7% during the 1st quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock valued at $122,218,000 after purchasing an additional 145,840 shares in the last quarter. SG Americas Securities LLC grew its stake in iShares U.S. Real Estate ETF by 123.4% during the 1st quarter. SG Americas Securities LLC now owns 403,457 shares of the real estate investment trust’s stock valued at $38,151,000 after purchasing an additional 222,825 shares in the last quarter. Finally, Passaic Partners LLC raised its position in shares of iShares U.S. Real Estate ETF by 1.5% in the 2nd quarter. Passaic Partners LLC now owns 186,130 shares of the real estate investment trust’s stock valued at $19,032,000 after purchasing an additional 2,826 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Trading Down 1.2%

iShares U.S. Real Estate ETF stock opened at $96.24 on Tuesday. The stock has a market cap of $4.04 billion, a P/E ratio of 35.41 and a beta of 0.96. The stock has a 50 day moving average of $99.86 and a 200-day moving average of $101.53. iShares U.S. Real Estate ETF has a 52 week low of $92.45 and a 52 week high of $108.17.

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).