Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,184 shares of the real estate investment trust’s stock, valued at approximately $2,013,000. Mirae Asset Global Investments Co. Ltd. owned about 0.05% of iShares U.S. Real Estate ETF as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Walleye Capital LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 1,623.5% during the first quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock valued at $17,021,000 after buying an additional 169,556 shares during the last quarter. Park Avenue Securities LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth $2,857,000. Krane Financial Solutions LLC purchased a new position in iShares U.S. Real Estate ETF in the 1st quarter worth $1,924,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth $37,723,000. Finally, Matthew Goff Investment Advisor LLC acquired a new stake in iShares U.S. Real Estate ETF during the 2nd quarter worth about $6,673,000. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Stock Performance
Shares of IYR opened at $101.62 on Friday. The stock has a 50-day moving average of $98.56 and a two-hundred day moving average of $100.44. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $108.17. The stock has a market cap of $3.97 billion, a P/E ratio of 31.37 and a beta of 0.94.
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).
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