iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Sold by First Citizens Financial Corp

First Citizens Financial Corp decreased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.4% in the fourth quarter, Holdings Channel reports. The firm owned 26,789 shares of the real estate investment trust’s stock after selling 1,833 shares during the period. iShares U.S. Real Estate ETF comprises about 1.4% of First Citizens Financial Corp’s portfolio, making the stock its 22nd largest position. First Citizens Financial Corp’s holdings in iShares U.S. Real Estate ETF were worth $2,493,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Modus Advisors LLC purchased a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at about $28,000. Wolverine Asset Management LLC acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth about $30,000. Sachetta LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the second quarter worth $31,000. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $37,000. Finally, AlphaMark Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at approximately $41,000.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR traded up $1.08 during mid-day trading on Friday, reaching $93.37. 1,403,388 shares of the stock were exchanged, compared to its average volume of 5,089,450. The company has a market capitalization of $3.15 billion, a P/E ratio of 26.05 and a beta of 0.98. The business’s 50 day moving average is $97.74 and its 200-day moving average is $96.60. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year high of $104.04.

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).