Wealthfront Advisers LLC purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 455 shares of the real estate investment trust’s stock, valued at approximately $42,000.
Several other institutional investors have also made changes to their positions in IYR. Synergy Investment Management LLC acquired a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $27,000. Modus Advisors LLC acquired a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $28,000. Avior Wealth Management LLC raised its position in iShares U.S. Real Estate ETF by 146.0% during the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 238 shares in the last quarter. Rialto Wealth Management LLC acquired a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $56,000. Finally, Tradewinds Capital Management LLC acquired a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $128,000.
iShares U.S. Real Estate ETF Price Performance
Shares of IYR opened at $95.39 on Wednesday. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The company has a market cap of $3.76 billion, a P/E ratio of 32.35 and a beta of 1.08. The firm has a 50 day simple moving average of $95.26 and a two-hundred day simple moving average of $97.63.
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).
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