iShares U.S. Real Estate ETF $IYR Shares Newly Bought by Mirae Asset Securities USA Inc.

Mirae Asset Securities USA Inc. purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 18,978 shares of the real estate investment trust’s stock, valued at approximately $1,804,000. iShares U.S. Real Estate ETF makes up about 0.1% of Mirae Asset Securities USA Inc.’s portfolio, making the stock its 13th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Western Wealth Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 1st quarter valued at about $25,000. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares U.S. Real Estate ETF in the second quarter worth approximately $26,000. Sunbelt Securities Inc. increased its position in shares of iShares U.S. Real Estate ETF by 3,660.0% in 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. Advisortrust Partners LLC bought a new position in shares of iShares U.S. Real Estate ETF in the first quarter worth approximately $59,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in iShares U.S. Real Estate ETF in the first quarter valued at approximately $77,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $97.04 on Friday. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $108.17. The company has a market capitalization of $4.15 billion, a P/E ratio of 35.41 and a beta of 0.96. The firm’s 50 day simple moving average is $100.15 and its 200 day simple moving average is $101.49.

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).