Money Concepts Capital Corp Takes Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Money Concepts Capital Corp purchased a new position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the fourth quarter, HoldingsChannel reports. The firm purchased 20,183 shares of the real estate investment trust’s stock, valued at approximately $1,878,000.

Other large investors also recently modified their holdings of the company. Barclays PLC grew its position in shares of iShares U.S. Real Estate ETF by 5,921.5% during the 3rd quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after acquiring an additional 9,829,412 shares during the period. CenterStar Asset Management LLC grew its holdings in iShares U.S. Real Estate ETF by 101.6% during the fourth quarter. CenterStar Asset Management LLC now owns 4,389 shares of the real estate investment trust’s stock valued at $408,000 after purchasing an additional 274,929 shares during the period. JPMorgan Chase & Co. increased its position in iShares U.S. Real Estate ETF by 140.7% in the third 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 in the last quarter. Apollon Wealth Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the third quarter worth about $17,701,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $14,771,000.

iShares U.S. Real Estate ETF Trading Up 1.5 %

iShares U.S. Real Estate ETF stock opened at $96.07 on Thursday. 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 $3.24 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The firm has a 50 day moving average of $95.10 and a 200 day moving average of $97.48.

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).