34,864 Shares of iShares U.S. Real Estate ETF $IYR Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 34,864 shares of the real estate investment trust’s stock, valued at approximately $3,571,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. AlphaCentric Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $950,000. Parallel Advisors LLC raised its stake in iShares U.S. Real Estate ETF by 15.2% in the third quarter. Parallel Advisors LLC now owns 3,566 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 471 shares during the period. Asset Dedication LLC bought a new position in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $27,000. Waldron Private Wealth LLC acquired a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $594,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new stake in iShares U.S. Real Estate ETF in the 3rd quarter worth about $248,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA:IYR opened at $101.62 on Monday. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 31.37 and a beta of 0.94. iShares U.S. Real Estate ETF has a fifty-two week low of $92.45 and a fifty-two week high of $108.17. The stock has a fifty day moving average price of $98.56 and a 200-day moving average price of $100.44.

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).