iShares U.S. Real Estate ETF Price & Performance (IYR)

HighTower Advisors LLC has decreased its holdings in the iShares U.S. Financials ETF by 3.8% during the fourth quarter. The firm sold 839 shares, reducing its total to 21,034 shares valued at $2.33 million. This move comes amid a broader trend of adjustments by hedge funds within the financial sector.1

Recent economic data reveals increased market uncertainty. Consumer sentiment dropped to its lowest since late 2023, while housing indicators showed mixed results, including a sharp decline in new home sales and a slight rise in building permits. Inflation concerns and elevated mortgage rates continue to weigh on sentiment.2

Real estate stocks recorded losses for the second consecutive week, with the S&P 500 Real Estate Index down 2.62%. Investors are eyeing the Federal Reserve's upcoming rate decision, which is unlikely to bring relief due to persistent inflation and economic uncertainties. Treasury yield trends have also impacted REIT performance.3