iShares U.S. Real Estate ETF (NYSEARCA:IYR) Sets New 12-Month High at $103.72

iShares U.S. Real Estate ETF (NYSEARCA:IYR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $103.72 and last traded at $103.72, with a volume of 178 shares traded. The stock had previously closed at $103.14.

iShares U.S. Real Estate ETF Trading Up 0.6 %

The stock has a market capitalization of $3.50 billion, a PE ratio of 26.05 and a beta of 0.98. The company’s 50 day simple moving average is $95.78 and its 200 day simple moving average is $89.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth $385,000. Creekside Partners purchased a new position in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth about $708,000. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Real Estate ETF by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 32,243 shares of the real estate investment trust’s stock valued at $2,829,000 after purchasing an additional 1,036 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares U.S. Real Estate ETF by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock worth $16,593,000 after purchasing an additional 8,626 shares during the period. Finally, Toronto Dominion Bank purchased a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth about $88,000.

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).