Ascension Capital Advisors Inc. Invests $7.76 Million in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ascension Capital Advisors Inc. acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 83,405 shares of the real estate investment trust’s stock, valued at approximately $7,762,000. iShares U.S. Real Estate ETF makes up about 3.4% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 11th largest position.

Several other institutional investors also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $69,000. International Assets Investment Management LLC raised its position in shares of iShares U.S. Real Estate ETF by 10,087.1% in the 3rd quarter. International Assets Investment Management LLC now owns 43,397 shares of the real estate investment trust’s stock valued at $4,421,000 after purchasing an additional 42,971 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares U.S. Real Estate ETF by 2,849.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 76,973 shares of the real estate investment trust’s stock worth $7,786,000 after purchasing an additional 74,363 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $205,000. Finally, Integrated Advisors Network LLC grew its position in iShares U.S. Real Estate ETF by 55.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 23,008 shares of the real estate investment trust’s stock worth $2,344,000 after purchasing an additional 8,233 shares during the last quarter.

iShares U.S. Real Estate ETF Trading Up 1.1 %

NYSEARCA IYR opened at $97.71 on Wednesday. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04. The company has a fifty day simple moving average of $94.11 and a two-hundred day simple moving average of $97.71. The stock has a market cap of $4.03 billion, a P/E ratio of 34.21 and a beta of 1.07.

iShares U.S. Real Estate ETF Company 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).