iShares U.S. Real Estate ETF $IYR Stock: Milestone Asset Management LLC Grows Position

Milestone Asset Management LLC lifted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 409.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,830 shares of the real estate investment trust’s stock after acquiring an additional 11,117 shares during the period. Milestone Asset Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $1,314,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IYR. Strategic Investment Solutions Inc. IL purchased a new position in iShares U.S. Real Estate ETF in the second quarter valued at approximately $26,000. Western Wealth Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 1st quarter worth approximately $25,000. Sunbelt Securities Inc. lifted its position in shares of iShares U.S. Real Estate ETF by 3,660.0% during the 1st quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 366 shares during the last quarter. Advisortrust Partners LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 1st quarter worth approximately $59,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 1st quarter worth approximately $77,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Up 1.2%

Shares of iShares U.S. Real Estate ETF stock opened at $97.04 on Friday. The company has a fifty day simple moving average of $100.15 and a 200-day simple moving average of $101.49. iShares U.S. Real Estate ETF has a 12-month low of $92.45 and a 12-month high of $108.17. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96.

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).