WESPAC Advisors LLC Boosts Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

WESPAC Advisors LLC increased its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 9.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,652 shares of the real estate investment trust’s stock after acquiring an additional 680 shares during the period. WESPAC Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $712,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IYR. Allspring Global Investments Holdings LLC purchased a new position in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $69,000. JPMorgan Chase & Co. raised its position in iShares U.S. Real Estate ETF by 140.7% during the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after purchasing an additional 241,586 shares during the period. Franklin Resources Inc. raised its position in iShares U.S. Real Estate ETF by 19.1% during the third quarter. Franklin Resources Inc. now owns 2,031 shares of the real estate investment trust’s stock valued at $203,000 after purchasing an additional 325 shares during the period. HighTower Advisors LLC raised its position in iShares U.S. Real Estate ETF by 46.0% during the third quarter. HighTower Advisors LLC now owns 77,877 shares of the real estate investment trust’s stock valued at $7,945,000 after purchasing an additional 24,551 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of iShares U.S. Real Estate ETF by 4.0% during the third quarter. D.A. Davidson & CO. now owns 2,857 shares of the real estate investment trust’s stock valued at $291,000 after buying an additional 111 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Performance

IYR opened at $96.27 on Friday. iShares U.S. Real Estate ETF has a one year low of $81.25 and a one year high of $104.04. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07. The stock’s 50 day moving average price is $94.09 and its 200-day moving average price is $97.64.

About iShares U.S. Real Estate ETF

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).