Foundations Investment Advisors LLC Purchases Shares of 6,879 iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Foundations Investment Advisors LLC purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,879 shares of the real estate investment trust’s stock, valued at approximately $701,000.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp bought a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at about $25,000. Sachetta LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at about $31,000. International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at about $37,000. AlphaMark Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $41,000. Finally, Larson Financial Group LLC boosted its position in shares of iShares U.S. Real Estate ETF by 93.7% during the 1st quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 325 shares in the last quarter.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock opened at $101.16 on Friday. iShares U.S. Real Estate ETF has a one year low of $72.88 and a one year high of $104.04. The stock’s 50-day moving average is $100.25 and its 200 day moving average is $92.31. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

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).