Wealth Enhancement Advisory Services LLC trimmed its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 7.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,442 shares of the real estate investment trust’s stock after selling 2,216 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.06% of iShares U.S. Real Estate ETF worth $2,533,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC grew its holdings in iShares U.S. Real Estate ETF by 19.8% in the 4th quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock worth $262,000 after buying an additional 466 shares in the last quarter. Tidal Investments LLC bought a new position in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $354,000. Waycross Investment Management Co grew its holdings in iShares U.S. Real Estate ETF by 13.4% in the 1st quarter. Waycross Investment Management Co now owns 6,264 shares of the real estate investment trust’s stock worth $600,000 after buying an additional 740 shares in the last quarter. NBC Securities Inc. grew its holdings in iShares U.S. Real Estate ETF by 103,060.0% in the 1st quarter. NBC Securities Inc. now owns 5,158 shares of the real estate investment trust’s stock worth $493,000 after buying an additional 5,153 shares in the last quarter. Finally, Flagstar Advisors Inc. bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth approximately $416,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.
iShares U.S. Real Estate ETF Price Performance
Shares of IYR stock opened at $96.56 on Friday. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $103.46. The firm has a market capitalization of $3.78 billion, a price-to-earnings ratio of 35.41 and a beta of 0.91. The business has a 50 day simple moving average of $96.43 and a 200 day simple moving average of $94.66.
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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