Mirae Asset Securities USA Inc. purchased a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,978 shares of the real estate investment trust’s stock, valued at approximately $1,804,000. iShares U.S. Real Estate ETF makes up about 0.1% of Mirae Asset Securities USA Inc.’s holdings, making the stock its 13th biggest position.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC purchased a new position in iShares U.S. Real Estate ETF during the fourth quarter valued at approximately $399,722,000. SG Americas Securities LLC increased its holdings in iShares U.S. Real Estate ETF by 123.4% during the 1st quarter. SG Americas Securities LLC now owns 403,457 shares of the real estate investment trust’s stock worth $38,151,000 after acquiring an additional 222,825 shares during the period. WealthNavi Inc. lifted its stake in iShares U.S. Real Estate ETF by 2.9% in the 1st quarter. WealthNavi Inc. now owns 6,010,249 shares of the real estate investment trust’s stock worth $568,329,000 after purchasing an additional 171,312 shares in the last quarter. Walleye Capital LLC lifted its stake in iShares U.S. Real Estate ETF by 1,623.5% in the 1st quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock worth $17,021,000 after purchasing an additional 169,556 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in iShares U.S. Real Estate ETF by 12.7% in the 1st quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock worth $122,218,000 after purchasing an additional 145,840 shares in the last quarter. 98.41% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Real Estate ETF Price Performance
Shares of NYSEARCA:IYR opened at $97.04 on Friday. The firm has a fifty day moving average price of $100.15 and a two-hundred day moving average price of $101.49. iShares U.S. Real Estate ETF has a one year low of $92.45 and a one year high of $108.17. The company has a market cap of $4.15 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).
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