Washington Trust Bank Has $2.21 Million Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Washington Trust Bank lessened its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 42.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,699 shares of the real estate investment trust’s stock after selling 16,246 shares during the period. Washington Trust Bank owned about 0.06% of iShares U.S. Real Estate ETF worth $2,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in IYR. JFS Wealth Advisors LLC increased its stake in iShares U.S. Real Estate ETF by 0.4% in the 2nd quarter. JFS Wealth Advisors LLC now owns 30,063 shares of the real estate investment trust’s stock valued at $2,638,000 after buying an additional 117 shares during the last quarter. Tower Wealth Partners Inc. increased its stake in iShares U.S. Real Estate ETF by 3.6% in the 2nd quarter. Tower Wealth Partners Inc. now owns 3,894 shares of the real estate investment trust’s stock valued at $342,000 after buying an additional 135 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of iShares U.S. Real Estate ETF by 1.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 8,594 shares of the real estate investment trust’s stock worth $754,000 after purchasing an additional 144 shares during the last quarter. Gray Private Wealth LLC increased its stake in shares of iShares U.S. Real Estate ETF by 0.9% during the 3rd quarter. Gray Private Wealth LLC now owns 17,612 shares of the real estate investment trust’s stock worth $1,794,000 after purchasing an additional 154 shares during the last quarter. Finally, Garrison Point Advisors LLC increased its stake in shares of iShares U.S. Real Estate ETF by 5.5% during the 3rd quarter. Garrison Point Advisors LLC now owns 2,958 shares of the real estate investment trust’s stock worth $301,000 after purchasing an additional 154 shares during the last quarter.

iShares U.S. Real Estate ETF Trading Down 2.5 %

Shares of IYR stock traded down $2.51 during trading hours on Thursday, hitting $97.08. 10,299,662 shares of the company were exchanged, compared to its average volume of 5,806,041. The firm has a fifty day simple moving average of $100.50 and a 200 day simple moving average of $93.28. iShares U.S. Real Estate ETF has a 52-week low of $77.06 and a 52-week high of $104.04. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

iShares U.S. Real Estate ETF 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).