Bank of Montreal Can Boosts Stake in iShares U.S. Real Estate ETF $IYR

Bank of Montreal Can lifted its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 103,770 shares of the real estate investment trust’s stock after acquiring an additional 2,721 shares during the period. Bank of Montreal Can’s holdings in iShares U.S. Real Estate ETF were worth $9,834,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYR. Focus Partners Advisor Solutions LLC raised its position in iShares U.S. Real Estate ETF by 4.2% during the second quarter. Focus Partners Advisor Solutions LLC now owns 2,711 shares of the real estate investment trust’s stock valued at $257,000 after purchasing an additional 110 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of iShares U.S. Real Estate ETF by 0.8% during the 1st quarter. Baird Financial Group Inc. now owns 14,942 shares of the real estate investment trust’s stock valued at $1,431,000 after purchasing an additional 113 shares during the last quarter. Lakeshore Capital Group Inc. increased its position in shares of iShares U.S. Real Estate ETF by 3.7% during the 2nd quarter. Lakeshore Capital Group Inc. now owns 3,405 shares of the real estate investment trust’s stock valued at $323,000 after purchasing an additional 120 shares during the last quarter. Atria Wealth Solutions Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 3.2% during the 1st quarter. Atria Wealth Solutions Inc. now owns 4,453 shares of the real estate investment trust’s stock valued at $426,000 after buying an additional 139 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in iShares U.S. Real Estate ETF by 4.9% in the 2nd quarter. Parallel Advisors LLC now owns 3,287 shares of the real estate investment trust’s stock worth $312,000 after buying an additional 155 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA IYR opened at $95.67 on Monday. The stock has a market capitalization of $3.76 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $103.46. The firm’s 50 day simple moving average is $96.36 and its two-hundred day simple moving average is $95.51.

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).