Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 65,266 shares of the real estate investment trust’s stock, valued at approximately $6,673,000. Matthew Goff Investment Advisor LLC owned about 0.15% of iShares U.S. Real Estate ETF as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of IYR. Brighton Jones LLC boosted its position in shares of iShares U.S. Real Estate ETF by 19.8% during the fourth quarter. Brighton Jones LLC now owns 2,815 shares of the real estate investment trust’s stock valued at $262,000 after buying an additional 466 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of iShares U.S. Real Estate ETF by 68.9% in the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 308 shares during the last quarter. Baird Financial Group Inc. grew its position in iShares U.S. Real Estate ETF by 8.0% during the second quarter. Baird Financial Group Inc. now owns 16,142 shares of the real estate investment trust’s stock valued at $1,530,000 after buying an additional 1,200 shares during the period. Gamco Investors INC. ET AL bought a new stake in iShares U.S. Real Estate ETF during the second quarter valued at approximately $213,000. Finally, Bank of Nova Scotia purchased a new stake in iShares U.S. Real Estate ETF during the second quarter valued at approximately $592,000. 98.41% of the stock is currently owned by institutional investors.
iShares U.S. Real Estate ETF Trading Down 0.9%
IYR opened at $104.19 on Friday. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $108.17. The company has a market capitalization of $4.63 billion, a PE ratio of 35.41 and a beta of 0.96. The firm’s 50 day simple moving average is $103.62 and its two-hundred day simple moving average is $100.65.
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).
Further Reading
- Five stocks we like better than iShares U.S. Real Estate ETF
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Want to see what other hedge funds are holding IYR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report).
Receive News & Ratings for iShares U.S. Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
