Sage Rhino Capital LLC Increases Position in iShares U.S. Real Estate ETF $IYR

Sage Rhino Capital LLC boosted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,393 shares of the real estate investment trust’s stock after acquiring an additional 432 shares during the period. Sage Rhino Capital LLC owned 0.06% of iShares U.S. Real Estate ETF worth $2,312,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Avantax Advisory Services Inc. grew its stake in iShares U.S. Real Estate ETF by 9.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 22,308 shares of the real estate investment trust’s stock valued at $2,136,000 after acquiring an additional 1,976 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in iShares U.S. Real Estate ETF by 40.1% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 6,175 shares of the real estate investment trust’s stock valued at $591,000 after acquiring an additional 1,767 shares in the last quarter. Encompass Wealth Advisors LLC grew its stake in iShares U.S. Real Estate ETF by 7.4% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 5,652 shares of the real estate investment trust’s stock valued at $536,000 after acquiring an additional 388 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in iShares U.S. Real Estate ETF by 3.2% during the 1st quarter. Atria Wealth Solutions Inc. now owns 4,453 shares of the real estate investment trust’s stock valued at $426,000 after acquiring an additional 139 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in iShares U.S. Real Estate ETF during the 1st quarter valued at about $201,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 1.0%

Shares of NYSEARCA IYR 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 stock has a market cap of $3.78 billion, a PE ratio of 35.41 and a beta of 0.91. The company has a 50-day moving average of $96.43 and a 200 day moving average of $94.66.

About iShares U.S. Real Estate ETF

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).