Cypress Financial Planning LLC purchased a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,874 shares of the real estate investment trust’s stock, valued at approximately $361,000.
Several other institutional investors and hedge funds also recently made changes to their positions in IYR. Bank of New York Mellon Corp lifted its holdings in iShares U.S. Real Estate ETF by 4.9% during the second quarter. Bank of New York Mellon Corp now owns 16,676 shares of the real estate investment trust’s stock valued at $1,463,000 after purchasing an additional 785 shares during the last quarter. Choreo LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 18.3% during the 2nd quarter. Choreo LLC now owns 3,234 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 500 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in 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 buying an additional 4,695 shares during the period. Virtu Financial LLC purchased a new position in iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $5,346,000. Finally, Tower Wealth Partners Inc. grew its stake in 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 valued at $342,000 after buying an additional 135 shares in the last quarter.
iShares U.S. Real Estate ETF Price Performance
NYSEARCA:IYR opened at $90.61 on Tuesday. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year high of $104.04. The stock’s fifty day moving average price is $96.67 and its two-hundred day moving average price is $96.96. The company has a market cap of $3.06 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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