20,052 Shares of iShares U.S. Real Estate ETF $IYR Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,052 shares of the real estate investment trust’s stock, valued at approximately $1,906,000.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares U.S. Real Estate ETF in the second quarter valued at approximately $26,000. Western Wealth Management LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth approximately $25,000. Curry Webb Wealth Management LLC bought a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $34,000. Sunbelt Securities Inc. grew its position in iShares U.S. Real Estate ETF by 3,660.0% during the 1st quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 366 shares during the last quarter. Finally, Advisortrust Partners LLC bought a new stake in iShares U.S. Real Estate ETF during the 1st quarter worth approximately $59,000. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

IYR stock opened at $99.66 on Friday. The business has a fifty day moving average price of $98.85 and a 200 day moving average price of $100.31. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $108.17. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96.

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).