Ellis Investment Partners LLC Has $454,000 Stake in iShares U.S. Real Estate ETF $IYR

Ellis Investment Partners LLC reduced its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,793 shares of the real estate investment trust’s stock after selling 339 shares during the period. Ellis Investment Partners LLC’s holdings in iShares U.S. Real Estate ETF were worth $454,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wayfinding Financial LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the first quarter valued at about $39,000. Russell Investments Group Ltd. acquired a new stake in iShares U.S. Real Estate ETF during the 1st quarter valued at approximately $43,000. Flaharty Asset Management LLC acquired a new stake in iShares U.S. Real Estate ETF during the 1st quarter valued at approximately $45,000. Bellwether Advisors LLC raised its holdings in iShares U.S. Real Estate ETF by 19.5% during the 1st quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock worth $139,000 after purchasing an additional 239 shares during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth approximately $201,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA:IYR opened at $93.69 on Monday. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $103.46. The firm’s fifty day moving average is $96.29 and its 200-day moving average is $94.73. The firm has a market cap of $3.56 billion, a P/E ratio of 35.41 and a beta of 0.91.

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).