Ethos Financial Group LLC bought a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,333 shares of the real estate investment trust’s stock, valued at approximately $894,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wayfinding Financial LLC bought a new position in shares of iShares U.S. Real Estate ETF during the first quarter worth $39,000. Russell Investments Group Ltd. bought a new position in shares of iShares U.S. Real Estate ETF during the first quarter worth $43,000. Wood Tarver Financial Group LLC bought a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at $99,000. Bellwether Advisors LLC bought a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at $114,000. Finally, Paloma Partners Management Co lifted its position in iShares U.S. Real Estate ETF by 104.4% during the fourth quarter. Paloma Partners Management Co now owns 1,340 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 31,540 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Stock Up 0.6%
IYR stock opened at $95.29 on Friday. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $104.04. The company has a fifty day simple moving average of $95.48 and a two-hundred day simple moving average of $94.58. The firm has a market capitalization of $3.73 billion, a P/E ratio of 35.41 and a beta of 0.91.
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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