Atlantic Union Bankshares Corp Purchases Shares of 1,611 iShares U.S. Real Estate ETF $IYR

Atlantic Union Bankshares Corp purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,611 shares of the real estate investment trust’s stock, valued at approximately $153,000.

A number of other hedge funds also recently made changes to their positions in the stock. WealthNavi Inc. boosted its holdings in iShares U.S. Real Estate ETF by 4.2% in the second quarter. WealthNavi Inc. now owns 4,895,086 shares of the real estate investment trust’s stock valued at $463,907,000 after acquiring an additional 198,229 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co lifted its position in shares of iShares U.S. Real Estate ETF by 9.5% in the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 1,047,977 shares of the real estate investment trust’s stock worth $100,344,000 after purchasing an additional 90,800 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of iShares U.S. Real Estate ETF by 43,235.4% in the 1st quarter. Jones Financial Companies Lllp now owns 913,511 shares of the real estate investment trust’s stock valued at $95,014,000 after purchasing an additional 911,403 shares during the last quarter. Royal Bank of Canada increased its position in shares of iShares U.S. Real Estate ETF by 9.0% during the first quarter. Royal Bank of Canada now owns 726,798 shares of the real estate investment trust’s stock worth $69,591,000 after buying an additional 60,013 shares during the period. Finally, Citigroup Inc. raised its stake in iShares U.S. Real Estate ETF by 1,580.5% during the first quarter. Citigroup Inc. now owns 724,731 shares of the real estate investment trust’s stock worth $69,393,000 after buying an additional 773,682 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Stock Up 1.5%

IYR stock opened at $95.67 on Monday. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01. The company’s fifty day simple moving average is $96.36 and its 200 day simple moving average is $95.51. 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).