Passaic Partners LLC Sells 42,682 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Passaic Partners LLC decreased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 19.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,751 shares of the real estate investment trust’s stock after selling 42,682 shares during the period. iShares U.S. Real Estate ETF accounts for approximately 2.4% of Passaic Partners LLC’s holdings, making the stock its 9th largest position. Passaic Partners LLC’s holdings in iShares U.S. Real Estate ETF were worth $16,635,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC grew its holdings in iShares U.S. Real Estate ETF by 5,921.5% during the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after purchasing an additional 9,829,412 shares during the period. WealthNavi Inc. raised its position in shares of iShares U.S. Real Estate ETF by 1.6% in the fourth quarter. WealthNavi Inc. now owns 4,456,004 shares of the real estate investment trust’s stock valued at $414,676,000 after buying an additional 68,048 shares in the last quarter. Cibc World Markets Corp raised its position in shares of iShares U.S. Real Estate ETF by 10.6% in the fourth quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock valued at $373,417,000 after buying an additional 382,943 shares in the last quarter. Money Design Co. Ltd. raised its position in iShares U.S. Real Estate ETF by 7.0% during the fourth quarter. Money Design Co. Ltd. now owns 525,048 shares of the real estate investment trust’s stock valued at $48,451,000 after purchasing an additional 34,505 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares U.S. Real Estate ETF by 140.7% during the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after purchasing an additional 241,586 shares in the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $96.12 on Tuesday. The firm has a 50 day simple moving average of $95.18 and a two-hundred day simple moving average of $97.66. The company has a market cap of $3.79 billion, a P/E ratio of 32.35 and a beta of 1.08. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04.

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).