Truist Financial Corp Grows Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Truist Financial Corp raised its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 45,512 shares of the real estate investment trust’s stock after purchasing an additional 488 shares during the period. Truist Financial Corp’s holdings in iShares U.S. Real Estate ETF were worth $4,160,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IYR. Rather & Kittrell Inc. grew its position in shares of iShares U.S. Real Estate ETF by 2.1% during the fourth quarter. Rather & Kittrell Inc. now owns 18,309 shares of the real estate investment trust’s stock worth $1,674,000 after purchasing an additional 378 shares in the last quarter. Rodgers & Associates LTD raised its position in shares of iShares U.S. Real Estate ETF by 5.0% during the fourth quarter. Rodgers & Associates LTD now owns 39,346 shares of the real estate investment trust’s stock valued at $3,597,000 after buying an additional 1,864 shares during the last quarter. Stevens Capital Management LP purchased a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $3,858,000. Bailard Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 529.4% during the fourth quarter. Bailard Inc. now owns 85,523 shares of the real estate investment trust’s stock worth $7,818,000 after acquiring an additional 71,936 shares during the last quarter. Finally, BIP Wealth LLC bought a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $210,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR opened at $84.67 on Tuesday. The company has a market cap of $3.69 billion, a P/E ratio of 25.26 and a beta of 0.99. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week high of $92.85. The firm’s fifty day moving average is $86.71 and its two-hundred day moving average is $85.91.

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).