Flaharty Asset Management LLC Makes New $45,000 Investment in iShares U.S. Real Estate ETF $IYR

Flaharty Asset Management LLC bought a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 470 shares of the real estate investment trust’s stock, valued at approximately $45,000.

A number of other large investors have also recently modified their holdings of the company. WealthNavi Inc. raised its position in iShares U.S. Real Estate ETF by 5.4% during the 1st quarter. WealthNavi Inc. now owns 4,696,857 shares of the real estate investment trust’s stock valued at $449,724,000 after purchasing an additional 240,853 shares in the last quarter. Ilmarinen Mutual Pension Insurance Co lifted its stake in iShares U.S. Real Estate ETF by 9.5% in the first quarter. Ilmarinen Mutual Pension Insurance Co now owns 1,047,977 shares of the real estate investment trust’s stock worth $100,344,000 after acquiring an additional 90,800 shares during the period. Jones Financial Companies Lllp grew its holdings in iShares U.S. Real Estate ETF by 43,235.4% during the 1st quarter. Jones Financial Companies Lllp now owns 913,511 shares of the real estate investment trust’s stock worth $95,014,000 after acquiring an additional 911,403 shares in the last quarter. Royal Bank of Canada increased its position in iShares U.S. Real Estate ETF by 9.0% during the 1st quarter. Royal Bank of Canada now owns 726,798 shares of the real estate investment trust’s stock valued at $69,591,000 after purchasing an additional 60,013 shares during the period. Finally, Citigroup Inc. raised its holdings in shares of iShares U.S. Real Estate ETF by 1,580.5% in the 1st quarter. Citigroup Inc. now owns 724,731 shares of the real estate investment trust’s stock valued at $69,393,000 after purchasing an additional 773,682 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $96.87 on Thursday. The company has a market cap of $3.79 billion, a PE ratio of 35.41 and a beta of 0.91. iShares U.S. Real Estate ETF has a 52-week low of $81.53 and a 52-week high of $104.04. The firm’s 50 day moving average price is $96.11 and its 200-day moving average price is $94.70.

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).