iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Acquired by Brighton Jones LLC

Brighton Jones LLC lifted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 19.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,815 shares of the real estate investment trust’s stock after acquiring an additional 466 shares during the period. Brighton Jones LLC’s holdings in iShares U.S. Real Estate ETF were worth $262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYR. Allspring Global Investments Holdings LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $69,000. JPMorgan Chase & Co. boosted its position in iShares U.S. Real Estate ETF by 140.7% in the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after buying an additional 241,586 shares during the last quarter. Franklin Resources Inc. increased its holdings in iShares U.S. Real Estate ETF by 19.1% in the 3rd quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 325 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $385,000. Finally, HighTower Advisors LLC lifted its stake in iShares U.S. Real Estate ETF by 46.0% during the 3rd quarter. HighTower Advisors LLC now owns 77,877 shares of the real estate investment trust’s stock valued at $7,945,000 after acquiring an additional 24,551 shares during the period.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA:IYR opened at $96.04 on Tuesday. The company’s fifty day moving average price is $95.84 and its 200-day moving average price is $97.36. iShares U.S. Real Estate ETF has a 1-year low of $81.25 and a 1-year high of $104.04. The firm has a market capitalization of $3.24 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).