Nomura Asset Management Co. Ltd. Increases Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Nomura Asset Management Co. Ltd. lifted its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 76.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,800 shares of the real estate investment trust’s stock after buying an additional 3,800 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in iShares U.S. Real Estate ETF were worth $896,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IYR. Fifth Third Bancorp acquired a new stake in iShares U.S. Real Estate ETF during the second quarter worth about $25,000. Wolverine Asset Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $30,000. Sachetta LLC acquired a new stake in iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $31,000. AlphaMark Advisors LLC acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $41,000. Finally, Transcendent Capital Group LLC raised its holdings in iShares U.S. Real Estate ETF by 159.4% in the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 247 shares during the period.

iShares U.S. Real Estate ETF Stock Down 0.4 %

IYR opened at $97.61 on Friday. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04. The company has a 50 day moving average of $99.65 and a two-hundred day moving average of $95.92. The company has a market cap of $3.29 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).