First Horizon Advisors Inc. Has $121,000 Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

First Horizon Advisors Inc. cut its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 27.7% in the third quarter, Holdings Channel.com reports. The firm owned 1,192 shares of the real estate investment trust’s stock after selling 457 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares U.S. Real Estate ETF were worth $121,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at approximately $69,000. Capstone Triton Financial Group LLC increased its stake in iShares U.S. Real Estate ETF by 2.2% in the 2nd quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock valued at $710,000 after buying an additional 174 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at $385,000. Cetera Investment Advisers lifted its position in iShares U.S. Real Estate ETF by 404.7% during the 1st quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock worth $2,806,000 after buying an additional 25,024 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in shares of iShares U.S. Real Estate ETF by 2.0% during the 2nd quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock worth $9,473,000 after buying an additional 2,110 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of NYSEARCA IYR opened at $100.36 on Friday. The business has a 50-day moving average of $100.10 and a 200-day moving average of $94.49. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a fifty-two week low of $81.25 and a fifty-two week high of $104.04.

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).