Lifeworks Advisors LLC Buys 19,628 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Lifeworks Advisors LLC increased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 67.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,893 shares of the real estate investment trust’s stock after purchasing an additional 19,628 shares during the quarter. Lifeworks Advisors LLC owned about 0.14% of iShares U.S. Real Estate ETF worth $4,550,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. WealthNavi Inc. grew its stake in iShares U.S. Real Estate ETF by 1.6% during the fourth quarter. WealthNavi Inc. now owns 4,456,004 shares of the real estate investment trust’s stock valued at $414,676,000 after acquiring an additional 68,048 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $22,230,000. Atria Investments Inc purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at $985,000. Synergy Investment Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth $27,000. Finally, Steward Partners Investment Advisory LLC raised its position in shares of iShares U.S. Real Estate ETF by 64.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,325 shares of the real estate investment trust’s stock worth $589,000 after buying an additional 2,475 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Up 0.7 %

iShares U.S. Real Estate ETF stock opened at $96.97 on Friday. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 34.21 and a beta of 1.07. The business has a 50-day simple moving average of $94.93 and a 200 day simple moving average of $97.80. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week 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).