Commonwealth Equity Services LLC Acquires New Stake in iShares U.S. Real Estate ETF $IYR

Commonwealth Equity Services LLC acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 113,595 shares of the real estate investment trust’s stock, valued at approximately $10,796,000.

A number of other hedge funds have also made changes to their positions in the stock. Strategic Investment Solutions Inc. IL bought a new stake in iShares U.S. Real Estate ETF during the second quarter worth approximately $26,000. Western Wealth Management LLC bought a new stake in iShares U.S. Real Estate ETF during the first quarter worth approximately $25,000. Signaturefd LLC acquired a new stake in iShares U.S. Real Estate ETF in the third quarter worth approximately $26,000. Curry Webb Wealth Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the third quarter worth approximately $34,000. Finally, Sunbelt Securities Inc. lifted its position in iShares U.S. Real Estate ETF by 3,660.0% in the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 366 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

Shares of NYSEARCA IYR opened at $102.13 on Friday. The stock has a fifty day moving average price of $98.58 and a two-hundred day moving average price of $100.58. The firm has a market cap of $3.93 billion, a P/E ratio of 31.37 and a beta of 0.94. iShares U.S. Real Estate ETF has a 1 year low of $92.45 and a 1 year high of $108.17.

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).