iShares U.S. Real Estate ETF $IYR Shares Bought by Magnus Financial Group LLC

Magnus Financial Group LLC raised its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,951 shares of the real estate investment trust’s stock after purchasing an additional 8,671 shares during the quarter. iShares U.S. Real Estate ETF accounts for approximately 1.2% of Magnus Financial Group LLC’s portfolio, making the stock its 17th largest holding. Magnus Financial Group LLC owned about 0.36% of iShares U.S. Real Estate ETF worth $15,581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IYR. Moors & Cabot Inc. increased its position in iShares U.S. Real Estate ETF by 1.3% during the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock worth $815,000 after purchasing an additional 108 shares in the last quarter. Arkadios Wealth Advisors lifted its position in iShares U.S. Real Estate ETF by 4.1% during the third quarter. Arkadios Wealth Advisors now owns 2,809 shares of the real estate investment trust’s stock valued at $273,000 after buying an additional 110 shares in the last quarter. Russell Investments Group Ltd. grew its stake in iShares U.S. Real Estate ETF by 15.2% during the third quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock worth $84,000 after buying an additional 115 shares during the period. Centaurus Financial Inc. grew its stake in iShares U.S. Real Estate ETF by 1.1% during the third quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock worth $1,074,000 after buying an additional 116 shares during the period. Finally, Infinity Wealth Counsel LLC grew its stake in iShares U.S. Real Estate ETF by 3.0% during the third quarter. Infinity Wealth Counsel LLC now owns 4,885 shares of the real estate investment trust’s stock worth $474,000 after buying an additional 140 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Down 3.1%

iShares U.S. Real Estate ETF stock opened at $93.45 on Friday. The firm has a fifty day moving average of $98.07 and a 200-day moving average of $96.44. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $101.80. The firm has a market capitalization of $3.96 billion, a P/E 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).