Allspring Global Investments Holdings LLC Buys Shares of 675 iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Allspring Global Investments Holdings LLC acquired a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, HoldingsChannel reports. The fund acquired 675 shares of the real estate investment trust’s stock, valued at approximately $69,000.

Several other institutional investors also recently modified their holdings of the business. Janney Montgomery Scott LLC lifted its holdings in iShares U.S. Real Estate ETF by 9.2% in the first quarter. Janney Montgomery Scott LLC now owns 9,813 shares of the real estate investment trust’s stock valued at $882,000 after buying an additional 829 shares during the period. Larson Financial Group LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 93.7% in the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 325 shares during the last quarter. Geneos Wealth Management Inc. grew its position in iShares U.S. Real Estate ETF by 5.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 59,262 shares of the real estate investment trust’s stock worth $5,328,000 after purchasing an additional 2,923 shares in the last quarter. Quantbot Technologies LP grew its position in iShares U.S. Real Estate ETF by 30.1% in the 1st quarter. Quantbot Technologies LP now owns 8,131 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 1,883 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in iShares U.S. Real Estate ETF by 9.9% in the 1st quarter. SG Americas Securities LLC now owns 187,172 shares of the real estate investment trust’s stock worth $16,827,000 after purchasing an additional 16,933 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Up 1.1 %

iShares U.S. Real Estate ETF stock opened at $98.25 on Tuesday. iShares U.S. Real Estate ETF has a twelve month low of $77.06 and a twelve month high of $104.04. The firm has a 50 day moving average price of $100.52 and a 200-day moving average price of $93.13. The company has a market capitalization of $3.32 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).