Axos Invest Inc. Sells 362 Shares of iShares U.S. Real Estate ETF $IYR

Axos Invest Inc. lessened its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,345 shares of the real estate investment trust’s stock after selling 362 shares during the quarter. iShares U.S. Real Estate ETF makes up 0.4% of Axos Invest Inc.’s holdings, making the stock its 16th biggest position. Axos Invest Inc.’s holdings in iShares U.S. Real Estate ETF were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its stake in shares of iShares U.S. Real Estate ETF by 0.8% in the first quarter. Baird Financial Group Inc. now owns 14,942 shares of the real estate investment trust’s stock valued at $1,431,000 after buying an additional 113 shares during the period. Lakeshore Capital Group Inc. raised its holdings in iShares U.S. Real Estate ETF by 3.7% in the 2nd quarter. Lakeshore Capital Group Inc. now owns 3,405 shares of the real estate investment trust’s stock valued at $323,000 after acquiring an additional 120 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 3.2% during the 1st quarter. Atria Wealth Solutions Inc. now owns 4,453 shares of the real estate investment trust’s stock valued at $426,000 after acquiring an additional 139 shares during the period. Sound Income Strategies LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 2.1% during the 1st quarter. Sound Income Strategies LLC now owns 6,984 shares of the real estate investment trust’s stock worth $669,000 after purchasing an additional 146 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 4.9% during the 2nd quarter. Parallel Advisors LLC now owns 3,287 shares of the real estate investment trust’s stock worth $312,000 after purchasing an additional 155 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Down 0.3%

IYR stock opened at $95.73 on Wednesday. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $103.46. The business has a 50-day simple moving average of $96.34 and a 200 day simple moving average of $94.74. The company has a market cap of $3.65 billion, a PE ratio of 35.41 and a beta of 0.91.

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).