Unique Wealth LLC Raises Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Unique Wealth LLC raised its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 9.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 32,350 shares of the real estate investment trust’s stock after buying an additional 2,721 shares during the period. iShares U.S. Real Estate ETF accounts for approximately 0.8% of Unique Wealth LLC’s investment portfolio, making the stock its 24th largest position. Unique Wealth LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in IYR. Allworth Financial LP lifted its stake in iShares U.S. Real Estate ETF by 74.5% during the 4th quarter. Allworth Financial LP now owns 9,539 shares of the real estate investment trust’s stock worth $872,000 after acquiring an additional 4,074 shares in the last quarter. Connable Office Inc. acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter worth about $31,048,000. Balanced Wealth Group LLC acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter worth about $769,000. Cerity Partners LLC lifted its stake in iShares U.S. Real Estate ETF by 7.7% during the 4th quarter. Cerity Partners LLC now owns 62,090 shares of the real estate investment trust’s stock worth $5,676,000 after acquiring an additional 4,446 shares in the last quarter. Finally, Sentinel Trust Co. LBA acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter worth about $463,000.

iShares U.S. Real Estate ETF Stock Performance

IYR stock traded up $0.36 during mid-day trading on Friday, reaching $87.13. The company had a trading volume of 3,345,282 shares, compared to its average volume of 6,278,480. iShares U.S. Real Estate ETF has a fifty-two week low of $72.88 and a fifty-two week high of $92.85. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The firm has a fifty day simple moving average of $85.41 and a 200 day simple moving average of $87.48.

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).