6,282 iShares U.S. Real Estate ETF $IYR Shares Acquired by Magnus Financial Group LLC

Magnus Financial Group LLC increased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 3.5% in the third quarter, Holdings Channel reports. The institutional investor owned 188,158 shares of the real estate investment trust’s stock after acquiring an additional 6,282 shares during the quarter. iShares U.S. Real Estate ETF accounts for about 1.2% of Magnus Financial Group LLC’s portfolio, making the stock its 18th largest position. Magnus Financial Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $17,883,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. WealthNavi Inc. grew its stake in iShares U.S. Real Estate ETF by 2.9% in the first quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after purchasing an additional 171,312 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $399,722,000. Bank of America Corp DE lifted its position in shares of iShares U.S. Real Estate ETF by 12.7% in the 1st quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock worth $122,218,000 after buying an additional 145,840 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 123.4% in the 1st quarter. SG Americas Securities LLC now owns 403,457 shares of the real estate investment trust’s stock valued at $38,151,000 after buying an additional 222,825 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at about $37,723,000. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Stock Down 0.9%

Shares of NYSEARCA:IYR opened at $97.07 on Thursday. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $108.17. The firm has a 50-day simple moving average of $99.64 and a 200 day simple moving average of $101.56. The company has a market cap of $4.07 billion, a PE ratio of 35.41 and a beta of 0.96.

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).