Envestnet Asset Management Inc. Raises Stock Position in iShares U.S. Real Estate ETF $IYR

Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,204 shares of the real estate investment trust’s stock after purchasing an additional 8,423 shares during the period. Envestnet Asset Management Inc. owned 0.33% of iShares U.S. Real Estate ETF worth $12,640,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in IYR. Harbour Investments Inc. acquired a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth about $72,000. Russell Investments Group Ltd. grew its stake in shares of iShares U.S. Real Estate ETF by 68.9% in the second quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 308 shares in the last quarter. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $98,000. Cheviot Value Management LLC acquired a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $104,000. Finally, Chilton Capital Management LLC lifted its position in iShares U.S. Real Estate ETF by 85.2% during the 3rd quarter. Chilton Capital Management LLC now owns 1,139 shares of the real estate investment trust’s stock worth $111,000 after acquiring an additional 524 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Up 1.0%

NYSEARCA IYR opened at $101.21 on Wednesday. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $101.27. The business has a 50 day moving average price of $95.75 and a two-hundred day moving average price of $95.92. The stock has a market cap of $4.29 billion, a PE ratio of 35.41 and a beta of 1.01.

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).