American Wealth Advisors LLC Takes $665,000 Position in iShares U.S. Real Estate ETF $IYR

American Wealth Advisors LLC bought a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 3rd quarter, Holdings Channel.com reports. The firm bought 6,852 shares of the real estate investment trust’s stock, valued at approximately $665,000. iShares U.S. Real Estate ETF accounts for approximately 0.7% of American Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cibc World Market Inc. boosted its holdings in shares of iShares U.S. Real Estate ETF by 1,235.6% during the 3rd quarter. Cibc World Market Inc. now owns 318,977 shares of the real estate investment trust’s stock valued at $30,966,000 after purchasing an additional 295,095 shares during the last quarter. AE Wealth Management LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 2,773.6% in the second quarter. AE Wealth Management LLC now owns 34,770 shares of the real estate investment trust’s stock worth $3,295,000 after purchasing an additional 33,560 shares during the last quarter. Americana Partners LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the second quarter worth about $2,075,000. Principal Financial Group Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter worth about $536,000. Finally, Allworth Financial LP boosted its stake in iShares U.S. Real Estate ETF by 9.6% during the second quarter. Allworth Financial LP now owns 8,436 shares of the real estate investment trust’s stock valued at $799,000 after buying an additional 740 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $101.06 on Thursday. iShares U.S. Real Estate ETF has a 1-year low of $81.53 and a 1-year high of $101.80. The business has a 50 day simple moving average of $97.23 and a two-hundred day simple moving average of $96.34. The stock has a market capitalization of $4.28 billion, a PE ratio of 35.41 and a beta of 1.01.

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).