Omega Financial Group LLC Has $6.20 Million Stock Position in iShares U.S. Real Estate ETF $IYR

Omega Financial Group LLC increased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1,154.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 66,072 shares of the real estate investment trust’s stock after buying an additional 60,807 shares during the period. iShares U.S. Real Estate ETF makes up about 2.0% of Omega Financial Group LLC’s portfolio, making the stock its 17th biggest position. Omega Financial Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $6,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. lifted its stake in shares of iShares U.S. Real Estate ETF by 145.9% in the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 159 shares during the period. Glassy Mountain Advisors Inc. acquired a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth approximately $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth approximately $39,000. Russell Investments Group Ltd. lifted its stake in shares of iShares U.S. Real Estate ETF by 68.9% in the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 308 shares during the period. Finally, Lodestone Wealth Management LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth approximately $95,000. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $101.66 on Friday. The stock’s 50 day moving average is $98.52 and its 200 day moving average is $96.57. The firm has a market cap of $3.89 billion, a P/E ratio of 35.41 and a beta of 1.02. iShares U.S. Real Estate ETF has a one year low of $91.40 and a one year high of $103.32.

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).