Financial & Tax Architects LLC trimmed its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,761 shares of the real estate investment trust’s stock after selling 163 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares U.S. Real Estate ETF were worth $593,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Fairway Wealth LLC raised its position in shares of iShares U.S. Real Estate ETF by 28.0% during the 2nd quarter. Fairway Wealth LLC now owns 34,037 shares of the real estate investment trust’s stock worth $2,986,000 after buying an additional 7,451 shares in the last quarter. Tower Wealth Partners Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 3.6% in the 2nd quarter. Tower Wealth Partners Inc. now owns 3,894 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 135 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth approximately $5,346,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 132,819 shares of the real estate investment trust’s stock worth $11,654,000 after purchasing an additional 4,695 shares in the last quarter. Finally, Garrison Point Advisors LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 8.8% in the 2nd quarter. Garrison Point Advisors LLC now owns 2,804 shares of the real estate investment trust’s stock worth $246,000 after purchasing an additional 226 shares in the last quarter.
iShares U.S. Real Estate ETF Price Performance
NYSEARCA IYR opened at $102.76 on Wednesday. The company’s 50 day simple moving average is $96.40 and its 200 day simple moving average is $90.08. iShares U.S. Real Estate ETF has a 12 month low of $72.88 and a 12 month high of $103.94. The company has a market capitalization of $3.47 billion, a P/E ratio of 26.05 and a beta of 0.98.
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).
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