Fairway Wealth LLC Acquires 7,451 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Fairway Wealth LLC raised its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 28.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 34,037 shares of the real estate investment trust’s stock after buying an additional 7,451 shares during the period. iShares U.S. Real Estate ETF makes up approximately 1.8% of Fairway Wealth LLC’s holdings, making the stock its 18th biggest holding. Fairway Wealth LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fifth Third Bancorp bought a new position in shares of iShares U.S. Real Estate ETF in the second quarter worth about $25,000. Sachetta LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth approximately $31,000. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the second quarter valued at approximately $37,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 72.7% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 475 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 200 shares during the period. Finally, Larson Financial Group LLC increased its holdings in iShares U.S. Real Estate ETF by 93.7% during the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 325 shares during the period.

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

Shares of NYSEARCA IYR opened at $103.61 on Tuesday. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $103.93. The business has a fifty day simple moving average of $96.10 and a two-hundred day simple moving average of $89.98. The firm has a market cap of $3.50 billion, a PE 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).