Wealth Enhancement Advisory Services LLC Sells 807 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Wealth Enhancement Advisory Services LLC lowered its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,658 shares of the real estate investment trust’s stock after selling 807 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. raised its position in shares of iShares U.S. Real Estate ETF by 5.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 3,877 shares of the real estate investment trust’s stock valued at $361,000 after buying an additional 207 shares during the last quarter. Principal Financial Group Inc. bought a new stake in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $4,176,000. Jones Financial Companies Lllp raised its position in shares of iShares U.S. Real Estate ETF by 109.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,108 shares of the real estate investment trust’s stock valued at $196,000 after buying an additional 1,101 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Real Estate ETF by 37.4% during the fourth quarter. JPMorgan Chase & Co. now owns 568,030 shares of the real estate investment trust’s stock valued at $52,861,000 after buying an additional 154,705 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of iShares U.S. Real Estate ETF by 64.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,325 shares of the real estate investment trust’s stock valued at $589,000 after buying an additional 2,475 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $94.13 on Friday. The stock has a market cap of $3.71 billion, a P/E ratio of 31.45 and a beta of 0.91. iShares U.S. Real Estate ETF has a 1 year low of $81.53 and a 1 year high of $104.04. The firm’s 50 day moving average price is $94.04 and its 200-day moving average price is $94.06.

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).