Truist Financial Corp Has $4.50 Million Position in iShares U.S. Real Estate ETF $IYR

Truist Financial Corp boosted its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,432 shares of the real estate investment trust’s stock after acquiring an additional 1,198 shares during the quarter. Truist Financial Corp owned 0.12% of iShares U.S. Real Estate ETF worth $4,495,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth $39,000. Russell Investments Group Ltd. acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth $43,000. Flaharty Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth $45,000. Bellwether Advisors LLC increased its stake in shares of iShares U.S. Real Estate ETF by 19.5% in the first quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 239 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the first quarter valued at $201,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR opened at $95.73 on Wednesday. iShares U.S. Real Estate ETF has a twelve month low of $81.53 and a twelve month high of $103.46. The firm has a market cap of $3.65 billion, a PE ratio of 35.41 and a beta of 0.91. The business has a fifty day moving average of $96.34 and a 200-day moving average of $94.74.

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).