Axos Invest Inc. Has $507,000 Stock Holdings in iShares U.S. Real Estate ETF $IYR

Axos Invest Inc. lowered its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,345 shares of the real estate investment trust’s stock after selling 362 shares during the period. iShares U.S. Real Estate ETF comprises about 0.4% of Axos Invest Inc.’s holdings, making the stock its 16th biggest position. Axos Invest Inc.’s holdings in iShares U.S. Real Estate ETF were worth $507,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wayfinding Financial LLC acquired a new position in iShares U.S. Real Estate ETF during the first quarter worth about $39,000. Russell Investments Group Ltd. bought a new stake in shares of iShares U.S. Real Estate ETF during the 1st quarter valued at approximately $43,000. Flaharty Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF during the 1st quarter worth approximately $45,000. Bellwether Advisors LLC lifted its stake in iShares U.S. Real Estate ETF by 19.5% in the 1st quarter. Bellwether Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 239 shares during the last quarter. Finally, Kestra Private Wealth Services LLC bought a new position in iShares U.S. Real Estate ETF in the 1st quarter valued at approximately $201,000. 98.41% of the stock is currently owned by institutional investors.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $95.73 on Wednesday. The firm’s fifty day moving average price is $96.34 and its two-hundred day moving average price is $94.74. The stock has a market cap of $3.65 billion, a PE ratio of 35.41 and a beta of 0.91. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $103.46.

About iShares U.S. Real Estate ETF

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).