iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Pass Above 200 Day Moving Average – Should You Sell?

iShares U.S. Real Estate ETF (NYSEARCA:IYR) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $96.39 and traded as high as $101.47. iShares U.S. Real Estate ETF shares last traded at $101.36, with a volume of 4,417,579 shares traded.

iShares U.S. Real Estate ETF Stock Up 0.9%

The company has a market cap of $4.23 billion, a PE ratio of 35.41 and a beta of 1.02. The firm’s 50-day moving average is $98.18 and its 200-day moving average is $96.39.

Institutional Investors Weigh In On iShares U.S. Real Estate ETF

Institutional investors have recently modified their holdings of the stock. Assetmark Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 145.9% during the fourth quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 159 shares during the last quarter. Glassy Mountain Advisors Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $27,000. Modus Advisors LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $28,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in iShares U.S. Real Estate ETF during the third quarter valued at approximately $39,000. Finally, Fifth Third Bancorp bought a new position in iShares U.S. Real Estate ETF in the fourth quarter worth approximately $38,000. 98.41% of the stock is owned by hedge funds and other institutional investors.

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).