DDFG Inc Takes $8.78 Million Position in iShares U.S. Real Estate ETF $IYR

DDFG Inc bought a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 90,441 shares of the real estate investment trust’s stock, valued at approximately $8,780,000. iShares U.S. Real Estate ETF comprises about 2.0% of DDFG Inc’s portfolio, making the stock its 16th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its stake in shares of iShares U.S. Real Estate ETF by 68.9% in the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 308 shares during the last quarter. Harbour Investments Inc. bought a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at $72,000. Steigerwald Gordon & Koch Inc. acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter worth $98,000. Cheviot Value Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter worth $104,000. Finally, Chilton Capital Management LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 85.2% during the 3rd quarter. Chilton Capital Management LLC now owns 1,139 shares of the real estate investment trust’s stock worth $111,000 after purchasing an additional 524 shares during the period. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $96.14 on Friday. iShares U.S. Real Estate ETF has a twelve month low of $81.53 and a twelve month high of $99.62. The stock has a market cap of $4.07 billion, a PE ratio of 35.41 and a beta of 1.01. The firm has a 50-day simple moving average of $95.14 and a 200 day simple moving average of $95.79.

iShares U.S. Real Estate ETF 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).