WESPAC Advisors LLC Invests $710,000 in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

WESPAC Advisors LLC bought a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,972 shares of the real estate investment trust’s stock, valued at approximately $710,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth approximately $69,000. Capstone Triton Financial Group LLC boosted its position in shares of iShares U.S. Real Estate ETF by 2.2% during the second quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock worth $710,000 after acquiring an additional 174 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in iShares U.S. Real Estate ETF during the second quarter valued at $385,000. Cetera Investment Advisers increased its holdings in iShares U.S. Real Estate ETF by 404.7% in the 1st quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock valued at $2,806,000 after acquiring an additional 25,024 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in iShares U.S. Real Estate ETF by 2.0% in the 2nd quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock worth $9,473,000 after purchasing an additional 2,110 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Up 0.7 %

IYR opened at $100.36 on Friday. The company has a market capitalization of $3.39 billion, a PE ratio of 26.05 and a beta of 0.98. The firm has a 50-day simple moving average of $100.10 and a two-hundred day simple moving average of $94.49. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week 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).