IFP Advisors Inc Grows Stock Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

IFP Advisors Inc grew its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1,867.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,534 shares of the real estate investment trust’s stock after purchasing an additional 70,746 shares during the quarter. IFP Advisors Inc owned about 0.22% of iShares U.S. Real Estate ETF worth $6,936,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Modus Advisors LLC purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $28,000. Wolverine Asset Management LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth approximately $30,000. Avior Wealth Management LLC lifted its stake in iShares U.S. Real Estate ETF by 146.0% in the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 238 shares in the last quarter. Transcendent Capital Group LLC lifted its stake in iShares U.S. Real Estate ETF by 159.4% in the 3rd quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth approximately $69,000.

iShares U.S. Real Estate ETF Price Performance

IYR opened at $96.27 on Monday. The company’s 50 day simple moving average is $94.09 and its two-hundred day simple moving average is $97.68. iShares U.S. Real Estate ETF has a 1-year low of $81.25 and a 1-year high of $104.04. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07.

iShares U.S. Real Estate ETF Company 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).