iShares U.S. Real Estate ETF (NYSEARCA:IYR) Sets New 1-Year High at $103.72

iShares U.S. Real Estate ETF (NYSEARCA:IYR)’s share price reached a new 52-week high on Monday . The stock traded as high as $103.72 and last traded at $103.72, with a volume of 178 shares changing hands. The stock had previously closed at $103.14.

iShares U.S. Real Estate ETF Stock Up 0.6 %

The business has a 50-day simple moving average of $95.78 and a 200-day simple moving average of $89.88. The company has a market cap of $3.50 billion, a PE ratio of 26.05 and a beta of 0.98.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Institutional investors have recently bought and sold shares of the company. Concourse Financial Group Securities Inc. boosted its stake in shares of iShares U.S. Real Estate ETF by 72.7% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 475 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 200 shares during the period. Principal Securities Inc. acquired a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $65,000. Principal Financial Group Inc. acquired a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $2,922,000. Corient Private Wealth LLC increased its position in shares of iShares U.S. Real Estate ETF by 82.0% during the fourth quarter. Corient Private Wealth LLC now owns 382,339 shares of the real estate investment trust’s stock worth $34,950,000 after acquiring an additional 172,276 shares during the period. Finally, Sand Hill Global Advisors LLC raised its stake in shares of iShares U.S. Real Estate ETF by 1,436.0% in the fourth quarter. Sand Hill Global Advisors LLC now owns 159,931 shares of the real estate investment trust’s stock valued at $14,619,000 after acquiring an additional 149,519 shares in the last quarter.

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).