Synovus Financial Corp Reduces Position in iShares US Real Estate ETF (IYR)

Synovus Financial Corp lowered its stake in iShares US Real Estate ETF (NYSEARCA:IYR) by 4.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,088 shares of the real estate investment trust’s stock after selling 1,916 shares during the quarter. Synovus Financial Corp owned 0.10% of iShares US Real Estate ETF worth $3,367,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CSat Investment Advisory L.P. bought a new position in iShares US Real Estate ETF in the second quarter worth approximately $145,000. BerganKDV Wealth Management LLC bought a new position in iShares US Real Estate ETF in the second quarter worth approximately $169,000. Exane Derivatives bought a new position in iShares US Real Estate ETF in the third quarter worth approximately $168,000. Whittier Trust Co. of Nevada Inc. raised its position in iShares US Real Estate ETF by 425.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 2,625 shares of the real estate investment trust’s stock worth $188,000 after acquiring an additional 2,125 shares during the period. Finally, Lincoln National Corp bought a new position in iShares US Real Estate ETF in the second quarter worth approximately $230,000.

Shares of IYR stock opened at $77.73 on Monday. iShares US Real Estate ETF has a one year low of $71.26 and a one year high of $83.62.

iShares US 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).

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSEARCA:IYR)

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