Independent Advisor Alliance Buys Shares of 3,621 iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Independent Advisor Alliance bought a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 3,621 shares of the real estate investment trust’s stock, valued at approximately $337,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Synergy Investment Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $27,000. Modus Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $28,000. Avior Wealth Management LLC raised its stake in shares of iShares U.S. Real Estate ETF by 146.0% in the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 238 shares during the period. Rialto Wealth Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $56,000. Finally, Tradewinds Capital Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $128,000.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock opened at $95.39 on Wednesday. The company’s 50 day simple moving average is $95.26 and its 200-day simple moving average is $97.63. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08. iShares U.S. Real Estate ETF has a 1 year low of $81.25 and a 1 year 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).