Sumitomo Mitsui Financial Group Inc. purchased a new position in iShares US Real Estate ETF (NYSE:IYR) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 41,115 shares of the real estate investment trust’s stock, valued at approximately $3,280,000. iShares US Real Estate ETF accounts for 0.7% of Sumitomo Mitsui Financial Group Inc.’s portfolio, making the stock its 15th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fiduciary Trust Co. purchased a new position in iShares US Real Estate ETF in the 2nd quarter worth approximately $108,000. Jaffetilchin Investment Partners LLC purchased a new position in iShares US Real Estate ETF in the 2nd quarter worth approximately $204,000. HL Financial Services LLC purchased a new position in iShares US Real Estate ETF in the 2nd quarter worth approximately $214,000. Good Life Advisors LLC purchased a new position in iShares US Real Estate ETF in the 2nd quarter worth approximately $215,000. Finally, Alerus Financial NA purchased a new position in iShares US Real Estate ETF in the 2nd quarter worth approximately $240,000.

Shares of iShares US Real Estate ETF (NYSE IYR) traded up 0.376% during trading on Thursday, hitting $81.505. The company’s stock had a trading volume of 822,162 shares. iShares US Real Estate ETF has a 1-year low of $72.11 and a 1-year high of $84.36. The firm’s 50 day moving average is $80.37 and its 200-day moving average is $79.51. iShares US Real Estate ETF also was the target of unusually large options trading on Tuesday. Investors bought 14,066 call options on the company. This is an increase of 239% compared to the average daily volume of 4,152 call options.

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iShares US 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).

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSE:IYR)

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