Lifeworks Advisors LLC Takes Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Lifeworks Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,265 shares of the real estate investment trust’s stock, valued at approximately $2,981,000. Lifeworks Advisors LLC owned approximately 0.09% of iShares U.S. Real Estate ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Unionview LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 1.0% during the third quarter. Unionview LLC now owns 11,830 shares of the real estate investment trust’s stock valued at $1,205,000 after acquiring an additional 113 shares in the last quarter. Encompass Wealth Advisors LLC grew its holdings in iShares U.S. Real Estate ETF by 9.6% during the third quarter. Encompass Wealth Advisors LLC now owns 4,708 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 412 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in iShares U.S. Real Estate ETF during the third quarter worth $17,701,000. Wolverine Asset Management LLC bought a new stake in iShares U.S. Real Estate ETF during the third quarter worth $30,000. Finally, Peregrine Asset Advisers Inc. bought a new stake in iShares U.S. Real Estate ETF during the third quarter worth $230,000.

iShares U.S. Real Estate ETF Trading Down 0.3 %

iShares U.S. Real Estate ETF stock traded down $0.34 during trading on Thursday, hitting $98.22. 1,503,748 shares of the company were exchanged, compared to its average volume of 5,795,304. The business’s 50 day moving average is $100.46 and its 200 day moving average is $93.79. iShares U.S. Real Estate ETF has a 52 week low of $81.02 and a 52 week high of $104.04. The company has a market capitalization of $3.31 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).