iShares U.S. Real Estate ETF (NYSEARCA:IYR) Hits New 1-Year High at $99.61

iShares U.S. Real Estate ETF (NYSEARCA:IYR) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $99.61 and last traded at $99.19, with a volume of 446880 shares traded. The stock had previously closed at $99.14.

iShares U.S. Real Estate ETF Stock Performance

The company’s 50-day moving average is $92.34 and its 200-day moving average is $88.66. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new position in iShares U.S. Real Estate ETF during the 2nd quarter valued at about $25,000. Sachetta LLC acquired a new position in iShares U.S. Real Estate ETF during the 2nd quarter valued at about $31,000. International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $37,000. Concourse Financial Group Securities Inc. raised its position in shares of iShares U.S. Real Estate ETF by 72.7% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 475 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 200 shares during the period. Finally, Larson Financial Group LLC raised its position in shares of iShares U.S. Real Estate ETF by 93.7% in the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 325 shares during the period.

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).