Cornerstone Wealth Management LLC acquired a new position in shares of iShares US Real Estate ETF (NYSEARCA:IYR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,426 shares of the real estate investment trust’s stock, valued at approximately $255,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Optimum Investment Advisors bought a new position in shares of iShares US Real Estate ETF in the first quarter valued at approximately $112,000. Clearwater Capital Advisors LLC bought a new position in shares of iShares US Real Estate ETF in the first quarter valued at approximately $140,000. CapWealth Advisors LLC bought a new position in shares of iShares US Real Estate ETF in the first quarter valued at approximately $229,000. Private Ocean LLC bought a new position in shares of iShares US Real Estate ETF in the first quarter valued at approximately $230,000. Finally, Hilltop Holdings Inc. bought a new position in shares of iShares US Real Estate ETF in the first quarter valued at approximately $255,000.

IYR stock opened at $80.71 on Tuesday. iShares US Real Estate ETF has a 12-month low of $71.26 and a 12-month high of $83.27.

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).

Further Reading: Analyst Ratings

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

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