iShares U.S. Real Estate ETF (NYSEARCA:IYR) Hits New 1-Year High at $99.81

Posted by Teresa Graham on Sep 5th, 2024

iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $99.81 and last traded at $99.72, with a volume of 2315031 shares. The stock had previously closed at $99.53.

iShares U.S. Real Estate ETF Stock Performance

The firm has a fifty day simple moving average of $93.82 and a 200 day simple moving average of $89.18. The company has a market capitalization of $3.36 billion, a PE ratio of 26.05 and a beta of 0.98.

Institutional Trading of iShares U.S. Real Estate ETF

Hedge funds have recently added to or reduced their stakes in the business. Connable Office Inc. purchased a new position in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at $31,048,000. Sentinel Trust Co. LBA bought a new position in iShares U.S. Real Estate ETF in the fourth quarter worth about $463,000. Thompson Siegel & Walmsley LLC lifted its position in shares of iShares U.S. Real Estate ETF by 23.9% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 981 shares of the real estate investment trust’s stock valued at $90,000 after buying an additional 189 shares during the last quarter. Wealthspire Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter valued at about $258,000. Finally, Corient Private Wealth LLC grew its position in shares of iShares U.S. Real Estate ETF by 82.0% in the 4th quarter. Corient Private Wealth LLC now owns 382,339 shares of the real estate investment trust’s stock worth $34,950,000 after buying an additional 172,276 shares during the last quarter.

About iShares U.S. Real Estate ETF

(Get Free Report)

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).