iShares U.S. Real Estate ETF (NYSEARCA:IYR) Sets New 52-Week High – Here’s Why

iShares U.S. Real Estate ETF (NYSEARCA:IYR)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $107.89 and last traded at $107.86, with a volume of 505940 shares changing hands. The stock had previously closed at $106.64.

iShares U.S. Real Estate ETF Stock Performance

The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 35.41 and a beta of 0.97. The company has a 50-day moving average price of $103.34 and a 200-day moving average price of $100.28.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Graybill Wealth Management LTD. raised its holdings in iShares U.S. Real Estate ETF by 2.1% in the fourth quarter. Graybill Wealth Management LTD. now owns 5,220 shares of the real estate investment trust’s stock worth $490,000 after purchasing an additional 108 shares during the period. Moors & Cabot Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 1.3% during the third 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. Russell Investments Group Ltd. grew its holdings in shares of iShares U.S. Real Estate ETF by 15.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock valued at $84,000 after buying an additional 115 shares during the period. Allie Family Office LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 0.3% in the 4th quarter. Allie Family Office LLC now owns 50,499 shares of the real estate investment trust’s stock valued at $4,738,000 after buying an additional 131 shares during the period. Finally, Blair William & Co. IL grew its holdings in shares of iShares U.S. Real Estate ETF by 0.8% in the 4th quarter. Blair William & Co. IL now owns 20,439 shares of the real estate investment trust’s stock valued at $1,919,000 after buying an additional 155 shares during the period. Institutional investors and hedge funds own 98.41% of the company’s stock.

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).