Sterling Investment Advisors LLC ADV Buys New Stake in iShares U.S. Real Estate ETF $IYR

Sterling Investment Advisors LLC ADV purchased a new position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,942 shares of the real estate investment trust’s stock, valued at approximately $1,135,000. iShares U.S. Real Estate ETF accounts for about 0.5% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds have also made changes to their positions in IYR. Western Wealth Management LLC acquired a new position in iShares U.S. Real Estate ETF during the 1st quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in iShares U.S. Real Estate ETF in the second quarter worth $26,000. Signaturefd LLC acquired a new stake in iShares U.S. Real Estate ETF in the third quarter worth $26,000. Curry Webb Wealth Management LLC bought a new stake in iShares U.S. Real Estate ETF in the third quarter valued at $34,000. Finally, Sunbelt Securities Inc. lifted its stake in iShares U.S. Real Estate ETF by 3,660.0% in the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 366 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

IYR stock opened at $97.29 on Thursday. iShares U.S. Real Estate ETF has a 1 year low of $92.45 and a 1 year high of $108.17. The stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. The stock’s fifty day moving average is $99.06 and its two-hundred day moving average is $100.26.

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).