2,064 Shares in iShares U.S. Real Estate ETF (NYSEARCA:IYR) Acquired by BIP Wealth LLC

BIP Wealth LLC purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, Holdings Channel.com reports. The firm purchased 2,064 shares of the real estate investment trust’s stock, valued at approximately $210,000.

Several other hedge funds also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at $69,000. Capstone Triton Financial Group LLC increased its position in shares of iShares U.S. Real Estate ETF by 2.2% during the second quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock worth $710,000 after acquiring an additional 174 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth about $385,000. Cetera Investment Advisers lifted its position in iShares U.S. Real Estate ETF by 404.7% in the 1st quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock valued at $2,806,000 after acquiring an additional 25,024 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in iShares U.S. Real Estate ETF by 2.0% during the 2nd quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock worth $9,473,000 after purchasing an additional 2,110 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $99.12 on Wednesday. iShares U.S. Real Estate ETF has a fifty-two week low of $81.02 and a fifty-two week high of $104.04. The firm’s 50-day simple moving average is $100.33 and its 200 day simple moving average is $94.21. The stock has a market cap of $3.35 billion, a PE 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).