Matthew Goff Investment Advisor LLC Invests $6.67 Million in iShares U.S. Real Estate ETF $IYR

Matthew Goff Investment Advisor LLC acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 65,266 shares of the real estate investment trust’s stock, valued at approximately $6,673,000.

A number of other hedge funds also recently made changes to their positions in IYR. Graybill Wealth Management LTD. increased its holdings in iShares U.S. Real Estate ETF by 2.1% in the 4th quarter. Graybill Wealth Management LTD. now owns 5,220 shares of the real estate investment trust’s stock worth $490,000 after acquiring an additional 108 shares in the last quarter. Moors & Cabot Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 1.3% in the third quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock worth $815,000 after purchasing an additional 108 shares during the period. Russell Investments Group Ltd. boosted its position in shares of iShares U.S. Real Estate ETF by 15.2% in the third quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock worth $84,000 after purchasing an additional 115 shares during the period. Allie Family Office LLC increased its stake in shares of iShares U.S. Real Estate ETF by 0.3% in the fourth quarter. Allie Family Office LLC now owns 50,499 shares of the real estate investment trust’s stock worth $4,738,000 after purchasing an additional 131 shares in the last quarter. Finally, Blair William & Co. IL increased its stake in shares of iShares U.S. Real Estate ETF by 0.8% in the fourth quarter. Blair William & Co. IL now owns 20,439 shares of the real estate investment trust’s stock worth $1,919,000 after purchasing an additional 155 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR stock opened at $104.19 on Friday. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $108.17. The company’s fifty day moving average price is $103.62 and its 200-day moving average price is $100.65.

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).