Investors Buy iShares US Real Estate ETF (IYR) on Weakness

Investors bought shares of iShares US Real Estate ETF (NYSEARCA:IYR) on weakness during trading hours on Friday. $257.08 million flowed into the stock on the tick-up and $69.75 million flowed out of the stock on the tick-down, for a money net flow of $187.33 million into the stock. Of all equities tracked, iShares US Real Estate ETF had the 10th highest net in-flow for the day. iShares US Real Estate ETF traded down ($0.20) for the day and closed at $86.01

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC grew its position in shares of iShares US Real Estate ETF by 3.2% during the 4th quarter. Advisory Services Network LLC now owns 6,946 shares of the real estate investment trust’s stock worth $521,000 after buying an additional 213 shares during the period. Bronfman E.L. Rothschild L.P. grew its position in shares of iShares US Real Estate ETF by 3.6% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 6,314 shares of the real estate investment trust’s stock worth $473,000 after buying an additional 218 shares during the period. Courage Miller Partners LLC grew its position in shares of iShares US Real Estate ETF by 3.9% during the 4th quarter. Courage Miller Partners LLC now owns 5,974 shares of the real estate investment trust’s stock worth $447,000 after buying an additional 226 shares during the period. Courier Capital LLC grew its position in shares of iShares US Real Estate ETF by 0.5% during the 4th quarter. Courier Capital LLC now owns 51,503 shares of the real estate investment trust’s stock worth $3,860,000 after buying an additional 243 shares during the period. Finally, McCutchen Group LLC grew its position in shares of iShares US Real Estate ETF by 1.4% during the 4th quarter. McCutchen Group LLC now owns 21,071 shares of the real estate investment trust’s stock worth $1,579,000 after buying an additional 282 shares during the period.

COPYRIGHT VIOLATION WARNING: This article was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international trademark and copyright law. The legal version of this article can be read at https://transcriptdaily.com/2019/03/15/investors-buy-ishares-us-real-estate-etf-iyr-on-weakness.html.

About iShares US Real Estate ETF (NYSEARCA:IYR)

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).

Featured Article: Why is the ex-dividend date different from the record date?

Receive News & Ratings for iShares US Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.