Viewpoint Capital Management LLC Has $287,000 Holdings in iShares U.S. Real Estate ETF $IYR

Viewpoint Capital Management LLC decreased its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 12.4% in the 2nd quarter, Holdings Channel reports. The firm owned 3,031 shares of the real estate investment trust’s stock after selling 430 shares during the quarter. Viewpoint Capital Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $287,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Wayfinding Financial LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the first quarter worth $39,000. Russell Investments Group Ltd. acquired a new stake in iShares U.S. Real Estate ETF during the 1st quarter worth about $43,000. Flaharty Asset Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter worth about $45,000. Bellwether Advisors LLC raised its position in shares of 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 worth $139,000 after acquiring an additional 239 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of iShares U.S. Real Estate ETF in the 1st quarter valued at about $201,000. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Price Performance

Shares of iShares U.S. Real Estate ETF stock opened at $96.00 on Tuesday. The stock’s 50-day moving average is $96.38 and its 200 day moving average is $94.73. iShares U.S. Real Estate ETF has a one year low of $81.53 and a one year high of $103.46. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 35.41 and a beta of 0.91.

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).