Magnus Financial Group LLC Has $12.74 Million Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Magnus Financial Group LLC boosted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 136,944 shares of the real estate investment trust’s stock after purchasing an additional 7,615 shares during the quarter. iShares U.S. Real Estate ETF comprises 1.2% of Magnus Financial Group LLC’s portfolio, making the stock its 18th biggest holding. Magnus Financial Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $12,744,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Finley Financial LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at about $1,374,000. Davies Financial Advisors Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 6.5% in the fourth quarter. Davies Financial Advisors Inc. now owns 7,795 shares of the real estate investment trust’s stock valued at $725,000 after buying an additional 479 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 257.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 13,850 shares of the real estate investment trust’s stock valued at $1,289,000 after buying an additional 9,976 shares during the period. Delta Capital Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the fourth quarter valued at about $315,000. Finally, Ameritas Advisory Services LLC grew its stake in iShares U.S. Real Estate ETF by 55.6% during the fourth quarter. Ameritas Advisory Services LLC now owns 6,039 shares of the real estate investment trust’s stock worth $562,000 after purchasing an additional 2,159 shares during the period.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $94.57 on Wednesday. The business has a 50 day simple moving average of $96.09 and a 200 day simple moving average of $97.16. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The stock has a market capitalization of $3.19 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).