20,052 Shares of iShares U.S. Real Estate ETF $IYR Bought by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the third quarter, HoldingsChannel.com reports. The fund bought 20,052 shares of the real estate investment trust’s stock, valued at approximately $1,906,000.

A number of other large investors also recently modified their holdings of IYR. Western Wealth Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the first quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at approximately $26,000. Curry Webb Wealth Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at approximately $34,000. Sunbelt Securities Inc. raised its position in iShares U.S. Real Estate ETF by 3,660.0% in the 1st quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 366 shares during the last quarter. Finally, Advisortrust Partners LLC bought a new position in iShares U.S. Real Estate ETF in the 1st quarter worth approximately $59,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA:IYR opened at $99.66 on Friday. The stock’s fifty day moving average price is $98.85 and its two-hundred day moving average price is $100.31. iShares U.S. Real Estate ETF has a 52-week low of $92.45 and a 52-week high of $108.17. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96.

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).