Raymond James & Associates Purchases 2,110 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Raymond James & Associates boosted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,971 shares of the real estate investment trust’s stock after acquiring an additional 2,110 shares during the quarter. Raymond James & Associates owned 0.32% of iShares U.S. Real Estate ETF worth $9,473,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cibc World Markets Corp grew its stake in shares of iShares U.S. Real Estate ETF by 132,707.9% during the fourth quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock worth $424,899,000 after buying an additional 4,644,778 shares during the last quarter. Schroder Investment Management Group grew its stake in shares of iShares U.S. Real Estate ETF by 1,830.7% during the fourth quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock worth $111,916,000 after buying an additional 1,160,912 shares during the last quarter. Capstone Investment Advisors LLC grew its stake in shares of iShares U.S. Real Estate ETF by 312.6% during the fourth quarter. Capstone Investment Advisors LLC now owns 455,741 shares of the real estate investment trust’s stock worth $41,659,000 after buying an additional 345,281 shares during the last quarter. Connable Office Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter worth $31,048,000. Finally, Corient Private Wealth LLC grew its stake in shares of iShares U.S. Real Estate ETF by 82.0% during the fourth quarter. Corient Private Wealth LLC now owns 382,339 shares of the real estate investment trust’s stock worth $34,950,000 after buying an additional 172,276 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $99.14 on Monday. The firm’s fifty day moving average price is $91.85 and its two-hundred day moving average price is $88.50. The stock has a market cap of $3.35 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a fifty-two week low of $72.88 and a fifty-two week high of $99.23.

iShares U.S. Real Estate ETF Company 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).