Sound Income Strategies LLC Buys 1,485 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Sound Income Strategies LLC increased its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 28.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,662 shares of the real estate investment trust’s stock after acquiring an additional 1,485 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares U.S. Real Estate ETF were worth $585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Connable Office Inc. bought a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $31,048,000. Balanced Wealth Group LLC bought a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $769,000. Cerity Partners LLC grew its position in iShares U.S. Real Estate ETF by 7.7% during the 4th quarter. Cerity Partners LLC now owns 62,090 shares of the real estate investment trust’s stock worth $5,676,000 after acquiring an additional 4,446 shares during the last quarter. Sentinel Trust Co. LBA bought a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $463,000. Finally, Thompson Siegel & Walmsley LLC lifted its holdings in iShares U.S. Real Estate ETF by 23.9% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 981 shares of the real estate investment trust’s stock worth $90,000 after buying an additional 189 shares during the period.

iShares U.S. Real Estate ETF Trading Up 0.5 %

NYSEARCA IYR traded up $0.43 on Friday, hitting $95.44. The company’s stock had a trading volume of 4,156,450 shares, compared to its average volume of 6,070,539. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week high of $96.49. The company’s 50-day simple moving average is $89.94 and its 200 day simple moving average is $87.85. The firm has a market cap of $3.22 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).