Tillman Hartley LLC Acquires New Position in iShares U.S. Real Estate ETF $IYR

Tillman Hartley LLC acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 12,967 shares of the real estate investment trust’s stock, valued at approximately $1,259,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cibc World Market Inc. raised its holdings in iShares U.S. Real Estate ETF by 1,235.6% in the third quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock valued at $30,966,000 after acquiring an additional 295,095 shares in the last quarter. AE Wealth Management LLC increased its position in shares of iShares U.S. Real Estate ETF by 2,773.6% in the 2nd quarter. AE Wealth Management LLC now owns 34,770 shares of the real estate investment trust’s stock valued at $3,295,000 after purchasing an additional 33,560 shares during the last quarter. Americana Partners LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at approximately $2,075,000. Principal Financial Group Inc. acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at $536,000. Finally, Allworth Financial LP raised its holdings in shares of iShares U.S. Real Estate ETF by 9.6% in the 2nd quarter. Allworth Financial LP now owns 8,436 shares of the real estate investment trust’s stock valued at $799,000 after purchasing an additional 740 shares in the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Trading Down 0.6%

Shares of IYR stock opened at $100.96 on Wednesday. The firm has a fifty day moving average price of $97.09 and a 200 day moving average price of $96.31. The company has a market cap of $4.28 billion, a P/E ratio of 35.41 and a beta of 1.01. iShares U.S. Real Estate ETF has a 12 month low of $81.53 and a 12 month high of $101.80.

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).