Gallagher Fiduciary Advisors LLC Grows Stock Holdings in iShares U.S. Real Estate ETF $IYR

Gallagher Fiduciary Advisors LLC raised its stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 9,674.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,554,040 shares of the real estate investment trust’s stock after acquiring an additional 1,538,141 shares during the period. iShares U.S. Real Estate ETF makes up 0.2% of Gallagher Fiduciary Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Gallagher Fiduciary Advisors LLC owned 3.97% of iShares U.S. Real Estate ETF worth $147,276,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Courage Miller Partners LLC lifted its holdings in shares of iShares U.S. Real Estate ETF by 5.7% during the second quarter. Courage Miller Partners LLC now owns 6,872 shares of the real estate investment trust’s stock worth $651,000 after purchasing an additional 373 shares during the period. Encompass Wealth Advisors LLC increased its stake in iShares U.S. Real Estate ETF by 7.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 5,652 shares of the real estate investment trust’s stock valued at $536,000 after buying an additional 388 shares during the period. D.A. Davidson & CO. raised its position in iShares U.S. Real Estate ETF by 11.0% during the 2nd quarter. D.A. Davidson & CO. now owns 3,580 shares of the real estate investment trust’s stock worth $339,000 after buying an additional 355 shares during the last quarter. Truist Financial Corp lifted its stake in shares of iShares U.S. Real Estate ETF by 2.6% in the 2nd quarter. Truist Financial Corp now owns 47,432 shares of the real estate investment trust’s stock worth $4,495,000 after acquiring an additional 1,198 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of iShares U.S. Real Estate ETF by 3.2% in the 1st quarter. Atria Wealth Solutions Inc. now owns 4,453 shares of the real estate investment trust’s stock worth $426,000 after acquiring an additional 139 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Down 0.1%

Shares of NYSEARCA:IYR opened at $94.76 on Friday. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $99.62. The firm’s 50-day simple moving average is $95.56 and its 200-day simple moving average is $95.75. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01.

iShares U.S. Real Estate ETF Company 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).