United Asset Strategies Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 36.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,411 shares of the real estate investment trust’s stock after acquiring an additional 1,190 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares U.S. Real Estate ETF were worth $418,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new position in iShares U.S. Real Estate ETF during the 1st quarter worth $43,000. Flaharty Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF in the first quarter valued at $45,000. Harbour Investments Inc. bought a new stake in iShares U.S. Real Estate ETF during the second quarter valued at $72,000. Advantage Trust Co grew its holdings in 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 during the period. Finally, Bellwether Advisors LLC raised its position 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 acquiring an additional 239 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.
iShares U.S. Real Estate ETF Price Performance
NYSEARCA IYR opened at $95.83 on Thursday. The business has a 50 day simple moving average of $96.32 and a 200 day simple moving average of $95.56. The stock has a market capitalization of $3.77 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $103.46.
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).
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