Allie Family Office LLC Purchases 12,513 Shares of iShares U.S. Real Estate ETF $IYR

Allie Family Office LLC raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 33.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,368 shares of the real estate investment trust’s stock after purchasing an additional 12,513 shares during the quarter. iShares U.S. Real Estate ETF accounts for approximately 2.1% of Allie Family Office LLC’s holdings, making the stock its 12th largest holding. Allie Family Office LLC owned 0.13% of iShares U.S. Real Estate ETF worth $4,885,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Glassy Mountain Advisors Inc. bought a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth about $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $39,000. Russell Investments Group Ltd. lifted its stake in iShares U.S. Real Estate ETF by 68.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 308 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $98,000. Finally, Cheviot Value Management LLC acquired a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $104,000. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Stock Up 0.2%

Shares of IYR opened at $97.50 on Friday. The stock has a market capitalization of $4.13 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a twelve month low of $81.53 and a twelve month high of $101.80. The company has a 50 day moving average of $97.84 and a 200-day moving average of $96.45.

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).