Fairway Wealth LLC Acquires 7,451 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Fairway Wealth LLC raised its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 28.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,037 shares of the real estate investment trust’s stock after purchasing an additional 7,451 shares during the quarter. iShares U.S. Real Estate ETF accounts for about 1.8% of Fairway Wealth LLC’s portfolio, making the stock its 18th largest position. Fairway Wealth LLC owned about 0.10% of iShares U.S. Real Estate ETF worth $2,986,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IYR. Cibc World Markets Corp lifted its holdings in shares of iShares U.S. Real Estate ETF by 132,707.9% in the 4th quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after acquiring an additional 4,644,778 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of iShares U.S. Real Estate ETF by 1,830.7% in the 4th quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock worth $111,916,000 after purchasing an additional 1,160,912 shares during the period. Stifel Financial Corp increased its position in shares of iShares U.S. Real Estate ETF by 5.0% during the 4th quarter. Stifel Financial Corp now owns 680,250 shares of the real estate investment trust’s stock valued at $62,182,000 after purchasing an additional 32,230 shares during the last quarter. Capstone Investment Advisors LLC raised its holdings in iShares U.S. Real Estate ETF by 312.6% during the 4th quarter. Capstone Investment Advisors LLC now owns 455,741 shares of the real estate investment trust’s stock valued at $41,659,000 after buying an additional 345,281 shares during the period. Finally, Connable Office Inc. lifted its position in iShares U.S. Real Estate ETF by 8.9% in the second quarter. Connable Office Inc. now owns 404,881 shares of the real estate investment trust’s stock worth $35,524,000 after buying an additional 33,203 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Up 0.5 %

IYR stock opened at $103.61 on Tuesday. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $103.93. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The firm’s fifty day simple moving average is $96.10 and its two-hundred day simple moving average is $89.98.

About iShares U.S. Real Estate ETF

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).