Ascension Capital Advisors Inc. Invests $7.76 Million in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ascension Capital Advisors Inc. bought a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 83,405 shares of the real estate investment trust’s stock, valued at approximately $7,762,000. iShares U.S. Real Estate ETF accounts for about 3.4% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Ascension Capital Advisors Inc. owned approximately 0.25% of iShares U.S. Real Estate ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Barclays PLC boosted its position in shares of iShares U.S. Real Estate ETF by 5,921.5% in the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after purchasing an additional 9,829,412 shares during the period. CenterStar Asset Management LLC boosted its holdings in iShares U.S. Real Estate ETF by 101.6% in the 4th quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock worth $408,000 after buying an additional 274,929 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Real Estate ETF by 140.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after buying an additional 241,586 shares during the period. Apollon Wealth Management LLC purchased a new stake in iShares U.S. Real Estate ETF in the 3rd quarter worth $17,701,000. Finally, Point72 Asset Management L.P. bought a new stake in iShares U.S. Real Estate ETF during the third quarter valued at about $14,771,000.

iShares U.S. Real Estate ETF Stock Up 1.1 %

Shares of iShares U.S. Real Estate ETF stock opened at $97.71 on Wednesday. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The stock’s 50-day simple moving average is $94.11 and its 200-day simple moving average is $97.71. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07.

iShares U.S. 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).