TRUE Private Wealth Advisors Invests $2.66 Million in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

TRUE Private Wealth Advisors bought a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,095 shares of the real estate investment trust’s stock, valued at approximately $2,660,000.

Other hedge funds have also modified their holdings of the company. Ancora Advisors LLC grew its position in shares of iShares U.S. Real Estate ETF by 202.0% during the fourth quarter. Ancora Advisors LLC now owns 296 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 198 shares during the last quarter. Tucker Asset Management LLC grew its position in iShares U.S. Real Estate ETF by 742.0% in the 3rd quarter. Tucker Asset Management LLC now owns 421 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 371 shares during the last quarter. Wagner Wealth Management LLC purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $37,000. U S Global Investors Inc. purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $37,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter valued at $39,000.

iShares U.S. Real Estate ETF Stock Down 0.5 %

NYSEARCA:IYR traded down $0.43 during midday trading on Wednesday, reaching $81.75. The stock had a trading volume of 2,432,584 shares, compared to its average volume of 6,716,916. The firm has a fifty day simple moving average of $87.81 and a two-hundred day simple moving average of $85.34. iShares U.S. Real Estate ETF has a 12-month low of $72.88 and a 12-month high of $92.85. The stock has a market cap of $3.93 billion, a P/E ratio of 26.96 and a beta of 0.97.

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).