Optimum Investment Advisors Has $150,000 Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Optimum Investment Advisors lifted its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 8.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,612 shares of the real estate investment trust’s stock after acquiring an additional 122 shares during the period. Optimum Investment Advisors’ holdings in iShares U.S. Real Estate ETF were worth $150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IYR. Barclays PLC boosted its stake in iShares U.S. Real Estate ETF by 5,921.5% during the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after acquiring an additional 9,829,412 shares during the last quarter. Cibc World Markets Corp boosted its stake in iShares U.S. Real Estate ETF by 10.6% during the 4th quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock worth $373,417,000 after acquiring an additional 382,943 shares during the last quarter. CenterStar Asset Management LLC boosted its stake in iShares U.S. Real Estate ETF by 101.6% during the 4th quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock worth $408,000 after acquiring an additional 274,929 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after acquiring an additional 241,586 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $22,230,000.

iShares U.S. Real Estate ETF Price Performance

iShares U.S. Real Estate ETF stock opened at $94.42 on Friday. The company’s 50 day simple moving average is $95.51 and its 200 day simple moving average is $97.55. iShares U.S. Real Estate ETF has a fifty-two week low of $81.25 and a fifty-two week high of $104.04. The firm has a market capitalization of $3.72 billion, a price-to-earnings ratio of 32.35 and a beta of 1.08.

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).