Ehrlich Financial Group Invests $358,000 in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ehrlich Financial Group acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,844 shares of the real estate investment trust’s stock, valued at approximately $358,000.

Several other institutional investors and hedge funds have also bought and sold shares of IYR. Modus Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $28,000. Wolverine Asset Management LLC bought a new position in iShares U.S. Real Estate ETF during the third quarter worth about $30,000. AlphaMark Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth about $41,000. Transcendent Capital Group LLC raised its position in shares of iShares U.S. Real Estate ETF by 159.4% in the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 247 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at approximately $69,000.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock traded up $1.12 during mid-day trading on Monday, reaching $90.61. The company’s stock had a trading volume of 6,065,471 shares, compared to its average volume of 6,466,447. The firm’s fifty day moving average price is $96.82 and its two-hundred day moving average price is $96.94. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04. The company has a market capitalization of $3.06 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).