5,485 Shares in iShares U.S. Real Estate ETF (NYSEARCA:IYR) Acquired by Waycross Investment Management Co

Waycross Investment Management Co acquired a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 5,485 shares of the real estate investment trust’s stock, valued at approximately $559,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at about $25,000. Sachetta LLC acquired a new position in iShares U.S. Real Estate ETF during the second quarter valued at approximately $31,000. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the second quarter valued at approximately $37,000. Larson Financial Group LLC lifted its stake in shares of iShares U.S. Real Estate ETF by 93.7% in the first quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 325 shares during the last quarter. Finally, Mather Group LLC. lifted its stake in shares of iShares U.S. Real Estate ETF by 348.7% in the second quarter. Mather Group LLC. now owns 682 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 530 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA:IYR traded down $0.56 during midday trading on Friday, reaching $99.36. The stock had a trading volume of 5,790,712 shares, compared to its average volume of 5,868,724. The stock has a market capitalization of $3.35 billion, a P/E ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $104.04. The firm’s fifty day simple moving average is $98.80 and its 200-day simple moving average is $91.16.

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).