2,965 Shares in iShares U.S. Real Estate ETF $IYR Purchased by Brookstone Capital Management

Brookstone Capital Management purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,965 shares of the real estate investment trust’s stock, valued at approximately $281,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wayfinding Financial LLC purchased 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. purchased a new stake in shares of iShares U.S. Real Estate ETF in the first quarter valued at about $43,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the first quarter valued at about $45,000. Harbour Investments Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at about $72,000. Finally, Advantage Trust Co lifted its holdings in shares of iShares U.S. Real Estate ETF by 20.0% in the second quarter. Advantage Trust Co now owns 1,320 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA IYR opened at $96.43 on Wednesday. The firm’s 50-day moving average is $96.74 and its two-hundred day moving average is $95.27. The company has a market capitalization of $3.62 billion, a PE ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a 12-month low of $81.53 and a 12-month high of $103.46.

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).