D.A. Davidson & CO. Raises Stake in iShares U.S. Real Estate ETF $IYR

D.A. Davidson & CO. raised its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 11.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,580 shares of the real estate investment trust’s stock after purchasing an additional 355 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares U.S. Real Estate ETF were worth $339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $39,000. Russell Investments Group Ltd. bought a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $43,000. Flaharty Asset Management LLC bought a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $45,000. Harbour Investments Inc. bought a new stake in iShares U.S. Real Estate ETF in the second quarter valued at approximately $72,000. Finally, Advantage Trust Co lifted its position in 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 during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $94.38 on Friday. The company has a market capitalization of $3.63 billion, a P/E ratio of 35.41 and a beta of 1.01. The stock has a 50 day moving average price of $96.66 and a two-hundred day moving average price of $95.30. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $103.46.

iShares U.S. Real Estate ETF 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).