Bristlecone Advisors LLC Grows Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bristlecone Advisors LLC raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,488 shares of the real estate investment trust’s stock after buying an additional 328 shares during the period. Bristlecone Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $661,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth $25,000. Sachetta LLC bought a new stake in iShares U.S. Real Estate ETF in the second quarter worth about $31,000. AlphaMark Advisors LLC purchased a new position in iShares U.S. Real Estate ETF in the third quarter valued at about $41,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at approximately $37,000. Finally, Larson Financial Group LLC increased its stake in shares of iShares U.S. Real Estate ETF by 93.7% during the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 325 shares during the last quarter.

iShares U.S. Real Estate ETF Trading Down 0.9 %

Shares of NYSEARCA IYR opened at $100.20 on Monday. The stock has a fifty day simple moving average of $100.34 and a two-hundred day simple moving average of $92.42. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $104.04. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

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).