Edgestream Partners L.P. Makes New $509,000 Investment in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Edgestream Partners L.P. purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,994 shares of the real estate investment trust’s stock, valued at approximately $509,000.

Other institutional investors also recently made changes to their positions in the company. Verition Fund Management LLC lifted its stake in iShares U.S. Real Estate ETF by 41.1% in the third quarter. Verition Fund Management LLC now owns 12,071 shares of the real estate investment trust’s stock worth $1,230,000 after purchasing an additional 3,516 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of iShares U.S. Real Estate ETF by 8.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 114,489 shares of the real estate investment trust’s stock valued at $11,663,000 after acquiring an additional 8,641 shares during the last quarter. Townsquare Capital LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $8,422,000. D.A. Davidson & CO. boosted its holdings in iShares U.S. Real Estate ETF by 4.0% during the 3rd quarter. D.A. Davidson & CO. now owns 2,857 shares of the real estate investment trust’s stock valued at $291,000 after acquiring an additional 111 shares during the period. Finally, Private Trust Co. NA grew its position in iShares U.S. Real Estate ETF by 276.1% during the 3rd quarter. Private Trust Co. NA now owns 3,144 shares of the real estate investment trust’s stock worth $320,000 after acquiring an additional 2,308 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

Shares of IYR stock opened at $99.72 on Friday. The company has a market capitalization of $3.37 billion, a P/E 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. The stock has a 50 day moving average price of $99.90 and a two-hundred day moving average price of $95.41.

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).