iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Acquired by Milestone Asset Management LLC

Milestone Asset Management LLC increased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 54.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,668 shares of the real estate investment trust’s stock after purchasing an additional 1,637 shares during the period. Milestone Asset Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $435,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at $69,000. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Real Estate ETF by 140.7% in 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 acquiring an additional 241,586 shares during the last quarter. Franklin Resources Inc. grew its position in iShares U.S. Real Estate ETF by 19.1% during the third quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock valued at $203,000 after acquiring an additional 325 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Real Estate ETF during the second quarter worth about $385,000. Finally, HighTower Advisors LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 46.0% in the 3rd quarter. HighTower Advisors LLC now owns 77,877 shares of the real estate investment trust’s stock worth $7,945,000 after purchasing an additional 24,551 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR opened at $95.03 on Friday. The stock has a 50-day simple moving average of $95.60 and a 200-day simple moving average of $97.40. The stock has a market capitalization of $3.21 billion, a P/E ratio of 26.05 and a beta of 0.98. 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).