Brighton Jones LLC Buys New Holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Brighton Jones LLC purchased a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,349 shares of the real estate investment trust’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IYR. Connable Office Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 8.9% during the second quarter. Connable Office Inc. now owns 404,881 shares of the real estate investment trust’s stock worth $35,524,000 after purchasing an additional 33,203 shares during the period. SG Americas Securities LLC grew its position in shares of iShares U.S. Real Estate ETF by 86.1% in the 3rd quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock worth $21,285,000 after buying an additional 96,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares U.S. Real Estate ETF by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock valued at $16,593,000 after buying an additional 8,626 shares during the period. Omega Financial Group LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 7.2% during the second quarter. Omega Financial Group LLC now owns 156,253 shares of the real estate investment trust’s stock valued at $13,710,000 after acquiring an additional 10,461 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in iShares U.S. Real Estate ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 132,819 shares of the real estate investment trust’s stock worth $11,654,000 after acquiring an additional 4,695 shares during the period.

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

NYSEARCA:IYR opened at $100.20 on Friday. The firm’s fifty day simple moving average is $100.34 and its 200 day simple moving average is $92.42. The stock has a market cap of $3.38 billion, a P/E ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $104.04.

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).