Advantage Trust Co Grows Stock Position in iShares U.S. Real Estate ETF $IYR

Advantage Trust Co raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 20.0% during the second quarter, HoldingsChannel.com reports. The firm owned 1,320 shares of the real estate investment trust’s stock after buying an additional 220 shares during the quarter. Advantage Trust Co’s holdings in iShares U.S. Real Estate ETF were worth $125,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IYR. Wayfinding Financial LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth about $39,000. Russell Investments Group Ltd. purchased a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth about $43,000. Flaharty Asset Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth about $45,000. Harbour Investments Inc. purchased a new position in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth about $72,000. Finally, Bellwether Advisors LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 19.5% in the 1st quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock worth $139,000 after purchasing an additional 239 shares during the period. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $97.97 on Tuesday. The stock’s 50-day moving average is $96.41 and its 200-day moving average is $94.81. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 35.41 and a beta of 0.91. 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).