Waverly Advisors LLC Buys 18,273 Shares of iShares U.S. Real Estate ETF $IYR

Waverly Advisors LLC grew its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 58.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,766 shares of the real estate investment trust’s stock after buying an additional 18,273 shares during the quarter. Waverly Advisors LLC owned 0.11% of iShares U.S. Real Estate ETF worth $5,089,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Tucker Asset Management LLC grew its position in iShares U.S. Real Estate ETF by 8.1% in the second quarter. Tucker Asset Management LLC now owns 2,413 shares of the real estate investment trust’s stock worth $247,000 after acquiring an additional 181 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in iShares U.S. Real Estate ETF by 87.7% during the second quarter. Ameritas Advisory Services LLC now owns 8,921 shares of the real estate investment trust’s stock worth $912,000 after purchasing an additional 4,167 shares during the last quarter. Passaic Partners LLC lifted its stake in iShares U.S. Real Estate ETF by 1.5% during the second quarter. Passaic Partners LLC now owns 186,130 shares of the real estate investment trust’s stock worth $19,032,000 after purchasing an additional 2,826 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 12.3% in the 2nd quarter. HB Wealth Management LLC now owns 12,444 shares of the real estate investment trust’s stock worth $1,272,000 after purchasing an additional 1,367 shares in the last quarter. Finally, Unique Wealth LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 0.4% in the 2nd quarter. Unique Wealth LLC now owns 91,942 shares of the real estate investment trust’s stock worth $9,401,000 after purchasing an additional 405 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Trading Down 0.9%

Shares of iShares U.S. Real Estate ETF stock opened at $99.97 on Friday. The firm has a market capitalization of $4.44 billion, a PE ratio of 35.41 and a beta of 0.96. The business’s 50-day moving average price is $104.19 and its 200-day moving average price is $101.68. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $108.17.

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).