iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Price Pass Below 200 Day Moving Average – Here’s What Happened

iShares U.S. Real Estate ETF (NYSEARCA:IYR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $95.69 and traded as low as $93.70. iShares U.S. Real Estate ETF shares last traded at $94.79, with a volume of 8,149,686 shares.

iShares U.S. Real Estate ETF Stock Performance

The stock has a fifty day simple moving average of $94.74 and a two-hundred day simple moving average of $95.69. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Courage Miller Partners LLC lifted its stake in iShares U.S. Real Estate ETF by 5.7% in the 2nd quarter. Courage Miller Partners LLC now owns 6,872 shares of the real estate investment trust’s stock valued at $651,000 after purchasing an additional 373 shares during the last quarter. Encompass Wealth Advisors LLC grew its stake in shares of iShares U.S. Real Estate ETF by 7.4% during the second quarter. Encompass Wealth Advisors LLC now owns 5,652 shares of the real estate investment trust’s stock worth $536,000 after buying an additional 388 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of iShares U.S. Real Estate ETF by 11.0% during the second quarter. D.A. Davidson & CO. now owns 3,580 shares of the real estate investment trust’s stock worth $339,000 after buying an additional 355 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares U.S. Real Estate ETF by 2.6% during the second quarter. Truist Financial Corp now owns 47,432 shares of the real estate investment trust’s stock worth $4,495,000 after buying an additional 1,198 shares in the last quarter. Finally, AE Wealth Management LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 2,773.6% in the 2nd quarter. AE Wealth Management LLC now owns 34,770 shares of the real estate investment trust’s stock valued at $3,295,000 after acquiring an additional 33,560 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

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).