iShares U.S. Real Estate ETF $IYR Shares Purchased by Naviter Wealth LLC

Naviter Wealth LLC grew its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 82.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,035 shares of the real estate investment trust’s stock after purchasing an additional 16,700 shares during the period. Naviter Wealth LLC’s holdings in iShares U.S. Real Estate ETF were worth $3,510,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wayfinding Financial LLC bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth about $39,000. Russell Investments Group Ltd. bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth about $43,000. Flaharty Asset Management LLC bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth about $45,000. Bellwether Advisors LLC grew its position in 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 last quarter. Finally, Kestra Private Wealth Services LLC bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth about $201,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 0.6%

NYSEARCA IYR opened at $94.26 on Tuesday. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $103.46. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 35.41 and a beta of 0.91. The company has a 50-day moving average price of $96.26 and a two-hundred day moving average price of $94.72.

iShares U.S. Real Estate ETF 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).