Lifeworks Advisors LLC Takes Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Lifeworks Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 29,265 shares of the real estate investment trust’s stock, valued at approximately $2,981,000.

Other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in iShares U.S. Real Estate ETF during the 2nd quarter valued at about $25,000. Wolverine Asset Management LLC purchased a new stake in iShares U.S. Real Estate ETF in the 3rd quarter worth approximately $30,000. Sachetta LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter worth approximately $31,000. AlphaMark Advisors LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at approximately $41,000. Finally, Transcendent Capital Group LLC raised its holdings in shares of 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 valued at $41,000 after acquiring an additional 247 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Performance

IYR stock traded down $0.34 on Thursday, reaching $98.22. The company’s stock had a trading volume of 1,503,748 shares, compared to its average volume of 5,795,304. The business has a fifty day simple moving average of $100.46 and a two-hundred day simple moving average of $93.79. The firm has a market cap of $3.31 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12-month low of $81.02 and a 12-month high of $104.04.

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).