5,370 Shares in iShares U.S. Real Estate ETF $IYR Purchased by Sigma Planning Corp

Sigma Planning Corp purchased a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the third quarter, Holdings Channel reports. The institutional investor purchased 5,370 shares of the real estate investment trust’s stock, valued at approximately $510,000.

A number of other institutional investors also recently modified their holdings of IYR. Bank of America Corp DE increased its position in shares of iShares U.S. Real Estate ETF by 12.7% during the first quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock worth $122,218,000 after buying an additional 145,840 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd bought a new position in iShares U.S. Real Estate ETF during the third quarter worth $37,723,000. Passaic Partners LLC raised its stake in iShares U.S. Real Estate ETF by 1.5% during the second quarter. Passaic Partners LLC now owns 186,130 shares of the real estate investment trust’s stock worth $19,032,000 after buying an additional 2,826 shares during the last quarter. Magnus Financial Group LLC lifted its holdings in iShares U.S. Real Estate ETF by 3.5% in the third quarter. Magnus Financial Group LLC now owns 188,158 shares of the real estate investment trust’s stock valued at $17,883,000 after buying an additional 6,282 shares during the period. Finally, Walleye Capital LLC lifted its holdings in iShares U.S. Real Estate ETF by 1,623.5% in the first quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock valued at $17,021,000 after buying an additional 169,556 shares during the period. 98.41% of the stock is owned by institutional investors.

iShares U.S. Real Estate ETF Trading Up 0.2%

Shares of IYR opened at $99.66 on Friday. The stock has a market capitalization of $4.01 billion, a P/E ratio of 35.41 and a beta of 0.96. The firm’s fifty day simple moving average is $98.85 and its two-hundred day simple moving average is $100.31. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $108.17.

iShares U.S. Real Estate ETF 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).