Milestone Asset Management LLC Boosts Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Milestone Asset Management LLC raised its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 54.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,668 shares of the real estate investment trust’s stock after acquiring an additional 1,637 shares during the quarter. Milestone Asset Management LLC’s holdings in iShares U.S. Real Estate ETF were worth $435,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF during the third quarter worth $30,000. Modus Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 4th quarter worth about $28,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth about $41,000. Avior Wealth Management LLC increased its holdings in iShares U.S. Real Estate ETF by 146.0% during the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 238 shares in the last quarter. Finally, Transcendent Capital Group LLC raised its position in iShares U.S. Real Estate ETF by 159.4% during the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 247 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

IYR stock opened at $95.03 on Friday. The company’s 50 day simple moving average is $95.60 and its 200-day simple moving average is $97.40. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04. The firm has a market capitalization of $3.21 billion, a PE ratio of 26.05 and a beta of 0.98.

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).