Park Avenue Securities LLC Makes New $2.86 Million Investment in iShares U.S. Real Estate ETF $IYR

Park Avenue Securities LLC purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,061 shares of the real estate investment trust’s stock, valued at approximately $2,857,000. Park Avenue Securities LLC owned about 0.07% of iShares U.S. Real Estate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IYR. Western Wealth Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter valued at about $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter worth about $26,000. Signaturefd LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth about $26,000. Curry Webb Wealth Management LLC purchased a new stake in iShares U.S. Real Estate ETF during the third quarter worth approximately $34,000. Finally, Sunbelt Securities Inc. lifted its stake in iShares U.S. Real Estate ETF by 3,660.0% during the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 366 shares during the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Up 0.2%

Shares of IYR opened at $99.66 on Friday. The stock has a 50 day moving average price of $98.85 and a 200 day moving average price of $100.31. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. iShares U.S. Real Estate ETF has a 52-week low of $92.45 and a 52-week high of $108.17.

About iShares U.S. Real Estate ETF

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).