Atlas Legacy Advisors LLC Buys 652 Shares of iShares U.S. Real Estate ETF $IYR

Atlas Legacy Advisors LLC boosted its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 9.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,716 shares of the real estate investment trust’s stock after purchasing an additional 652 shares during the quarter. Atlas Legacy Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $731,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new stake in shares of iShares U.S. Real Estate ETF in the first quarter worth about $43,000. Flaharty Asset Management LLC bought a new stake in iShares U.S. Real Estate ETF in the 1st quarter worth approximately $45,000. Harbour Investments Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $72,000. Advantage Trust Co raised its holdings in shares of iShares U.S. Real Estate ETF by 20.0% during the 2nd quarter. Advantage Trust Co now owns 1,320 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 220 shares in the last quarter. Finally, Bellwether Advisors LLC boosted its position in shares of iShares U.S. Real Estate ETF by 19.5% during the 1st quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 239 shares during the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

IYR stock opened at $94.26 on Friday. The firm has a fifty day moving average price of $96.39 and a 200 day moving average price of $95.42. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $103.46. The firm has a market cap of $3.70 billion, a PE ratio of 35.41 and a beta of 1.01.

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).