iShares U.S. Real Estate ETF (NYSEARCA:IYR) Share Price Cross Above 200 Day Moving Average – Here’s What Happened

iShares U.S. Real Estate ETF (NYSEARCA:IYRGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $101.62 and traded as high as $102.57. iShares U.S. Real Estate ETF shares last traded at $101.84, with a volume of 4,931,097 shares changing hands.

iShares U.S. Real Estate ETF Price Performance

The business has a 50-day simple moving average of $104.40 and a 200-day simple moving average of $101.64. The firm has a market capitalization of $4.54 billion, a PE ratio of 35.41 and a beta of 0.96.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

A number of large investors have recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL acquired a new stake in iShares U.S. Real Estate ETF in the 2nd quarter worth approximately $26,000. Western Wealth Management LLC purchased a new position in iShares U.S. Real Estate ETF during the first quarter valued at approximately $25,000. Modus Advisors LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at $28,000. Sunbelt Securities Inc. boosted its holdings in iShares U.S. Real Estate ETF by 3,660.0% during the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 366 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $38,000. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Company Profile

(Get Free Report)

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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