iShares U.S. Real Estate ETF $IYR Shares Newly Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 396,916 shares of the real estate investment trust’s stock, valued at approximately $37,723,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IYR. Rehmann Capital Advisory Group lifted its holdings in iShares U.S. Real Estate ETF by 1.7% during the 2nd quarter. Rehmann Capital Advisory Group now owns 10,206 shares of the real estate investment trust’s stock worth $1,044,000 after buying an additional 169 shares during the last quarter. Tucker Asset Management LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 8.1% in the 2nd quarter. Tucker Asset Management LLC now owns 2,413 shares of the real estate investment trust’s stock valued at $247,000 after acquiring an additional 181 shares during the last quarter. Independence Wealth Advisors LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 3.6% in the 1st quarter. Independence Wealth Advisors LLC now owns 5,600 shares of the real estate investment trust’s stock valued at $530,000 after acquiring an additional 193 shares during the last quarter. Sterling Investment Advisors LLC ADV increased its holdings in shares of iShares U.S. Real Estate ETF by 2.3% in the 2nd quarter. Sterling Investment Advisors LLC ADV now owns 10,882 shares of the real estate investment trust’s stock valued at $1,113,000 after acquiring an additional 248 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at approximately $26,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Down 1.2%

IYR stock opened at $96.24 on Tuesday. The firm has a market cap of $4.04 billion, a P/E ratio of 35.41 and a beta of 0.96. The stock’s 50 day simple moving average is $99.86 and its 200 day simple moving average is $101.53. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $108.17.

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).