iShares U.S. Real Estate ETF (NYSEARCA:IYR) Hits New 12-Month High at $103.72

iShares U.S. Real Estate ETF (NYSEARCA:IYR) hit a new 52-week high during trading on Monday . The company traded as high as $103.72 and last traded at $103.72, with a volume of 178 shares trading hands. The stock had previously closed at $103.14.

iShares U.S. Real Estate ETF Stock Performance

The stock has a market capitalization of $3.47 billion, a PE ratio of 26.05 and a beta of 0.98. The company’s fifty day simple moving average is $96.40 and its two-hundred day simple moving average is $90.08.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in iShares U.S. Real Estate ETF in the 2nd quarter valued at about $25,000. Sachetta LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the second quarter valued at approximately $31,000. International Assets Investment Management LLC acquired a new stake in iShares U.S. Real Estate ETF during the second quarter worth approximately $37,000. Larson Financial Group LLC grew its stake in iShares U.S. Real Estate ETF by 93.7% in the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 325 shares during the period. Finally, Mather Group LLC. grew its stake in iShares U.S. Real Estate ETF by 348.7% in the 2nd quarter. Mather Group LLC. now owns 682 shares of the real estate investment trust’s stock worth $61,000 after acquiring an additional 530 shares during the period.

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).