B. Riley Wealth Advisors Inc. lowered its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) by 40.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,418 shares of the real estate investment trust’s stock after selling 1,630 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Real Estate ETF were worth $209,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Ancora Advisors LLC increased its position in shares of iShares U.S. Real Estate ETF by 202.0% in the fourth quarter. Ancora Advisors LLC now owns 296 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 198 shares during the last quarter. GeoWealth Management LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth approximately $50,000. Oxford Financial Group Ltd. acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth approximately $69,000. Horan Securities Inc. increased its position in iShares U.S. Real Estate ETF by 35.2% during the first quarter. Horan Securities Inc. now owns 664 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 173 shares during the last quarter. Finally, Fortis Capital Advisors LLC acquired a new position in iShares U.S. Real Estate ETF during the fourth quarter worth approximately $59,000.
iShares U.S. Real Estate ETF Stock Up 1.1 %
Shares of NYSEARCA IYR opened at $74.89 on Wednesday. The business’s 50 day moving average price is $80.94 and its two-hundred day moving average price is $83.72. The company has a market cap of $2.61 billion, a PE ratio of 28.43 and a beta of 0.91. iShares U.S. Real Estate ETF has a twelve month low of $73.84 and a twelve month high of $96.02.
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).
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