iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $101.03 and traded as high as $104.77. iShares U.S. Real Estate ETF shares last traded at $104.15, with a volume of 3,602,269 shares.
iShares U.S. Real Estate ETF Trading Up 0.8%
The stock has a market capitalization of $4.64 billion, a PE ratio of 35.41 and a beta of 0.96. The firm’s fifty day moving average is $104.06 and its 200-day moving average is $101.09.
Institutional Investors Weigh In On iShares U.S. Real Estate ETF
Institutional investors have recently made changes to their positions in the stock. Assetmark Inc. lifted its holdings in shares of iShares U.S. Real Estate ETF by 145.9% in the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 159 shares during the last quarter. Western Wealth Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the 1st quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $26,000. Modus Advisors LLC purchased a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at approximately $28,000. Finally, Sunbelt Securities Inc. raised its position in iShares U.S. Real Estate ETF by 3,660.0% in the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 366 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.
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).
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