LPL Financial LLC Increases Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

LPL Financial LLC increased its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 442,770 shares of the real estate investment trust’s stock after purchasing an additional 40,044 shares during the quarter. LPL Financial LLC owned 1.31% of iShares U.S. Real Estate ETF worth $41,204,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Synergy Investment Management LLC acquired a new stake in iShares U.S. Real Estate ETF during the 4th quarter worth about $27,000. Modus Advisors LLC acquired a new stake in iShares U.S. Real Estate ETF during the fourth quarter worth about $28,000. Avior Wealth Management LLC raised its position in iShares U.S. Real Estate ETF by 146.0% during the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 238 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $42,000. Finally, Rialto Wealth Management LLC purchased a new stake in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $56,000.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA IYR opened at $94.74 on Friday. The stock has a market capitalization of $3.45 billion, a price-to-earnings ratio of 31.93 and a beta of 1.08. The firm’s 50 day simple moving average is $95.78 and its 200-day simple moving average is $97.40. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04.

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).