5,542 Shares in iShares U.S. Real Estate ETF $IYR Bought by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the third quarter, HoldingsChannel reports. The institutional investor purchased 5,542 shares of the real estate investment trust’s stock, valued at approximately $527,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of iShares U.S. Real Estate ETF by 12.7% in the first quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock valued at $122,218,000 after buying an additional 145,840 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $37,723,000. Passaic Partners LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 1.5% during the 2nd quarter. Passaic Partners LLC now owns 186,130 shares of the real estate investment trust’s stock valued at $19,032,000 after buying an additional 2,826 shares during the period. Magnus Financial Group LLC lifted its position in iShares U.S. Real Estate ETF by 3.5% during the 3rd quarter. Magnus Financial Group LLC now owns 188,158 shares of the real estate investment trust’s stock worth $17,883,000 after acquiring an additional 6,282 shares in the last quarter. Finally, Walleye Capital LLC lifted its position in iShares U.S. Real Estate ETF by 1,623.5% during the 1st quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock worth $17,021,000 after acquiring an additional 169,556 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.

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

Shares of NYSEARCA:IYR opened at $100.90 on Tuesday. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. The company has a 50 day moving average of $98.78 and a two-hundred day moving average of $100.34. iShares U.S. Real Estate ETF has a 52-week low of $92.45 and a 52-week high of $108.17.

iShares U.S. Real Estate ETF 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).