Mission Wealth Management LP Has $6.59 Million Stock Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Mission Wealth Management LP cut its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.5% during the 1st quarter, Holdings Channel reports. The firm owned 68,789 shares of the real estate investment trust’s stock after selling 4,818 shares during the quarter. Mission Wealth Management LP’s holdings in iShares U.S. Real Estate ETF were worth $6,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Synergy Investment Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $27,000. Redwood Park Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $36,000. Wealthfront Advisers LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $42,000. Rialto Wealth Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $56,000. Finally, Wood Tarver Financial Group LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth about $99,000.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $95.06 on Monday. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 31.45 and a beta of 1.02. The company has a 50-day simple moving average of $93.00 and a 200 day simple moving average of $94.35. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $104.04.

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).