Magnus Financial Group LLC Buys 5,458 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Magnus Financial Group LLC lifted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 4.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,329 shares of the real estate investment trust’s stock after buying an additional 5,458 shares during the quarter. iShares U.S. Real Estate ETF makes up approximately 1.3% of Magnus Financial Group LLC’s portfolio, making the stock its 15th biggest holding. Magnus Financial Group LLC’s holdings in iShares U.S. Real Estate ETF were worth $13,175,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. CWM LLC increased its stake in iShares U.S. Real Estate ETF by 245.3% in the 1st quarter. CWM LLC now owns 2,027 shares of the real estate investment trust’s stock worth $182,000 after acquiring an additional 1,440 shares during the last quarter. Optimum Investment Advisors increased its position in shares of iShares U.S. Real Estate ETF by 16.0% in the first quarter. Optimum Investment Advisors now owns 1,461 shares of the real estate investment trust’s stock worth $131,000 after purchasing an additional 201 shares during the last quarter. Capstone Triton Financial Group LLC increased its position in shares of iShares U.S. Real Estate ETF by 2.2% in the second quarter. Capstone Triton Financial Group LLC now owns 8,097 shares of the real estate investment trust’s stock worth $710,000 after purchasing an additional 174 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares U.S. Real Estate ETF by 404.7% in the first quarter. Cetera Investment Advisers now owns 31,207 shares of the real estate investment trust’s stock valued at $2,806,000 after purchasing an additional 25,024 shares in the last quarter. Finally, Raymond James & Associates lifted its position in iShares U.S. Real Estate ETF by 2.0% during the second quarter. Raymond James & Associates now owns 107,971 shares of the real estate investment trust’s stock valued at $9,473,000 after purchasing an additional 2,110 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Up 1.2 %

NYSEARCA:IYR traded up $1.18 during midday trading on Tuesday, hitting $100.94. The company had a trading volume of 6,853,570 shares, compared to its average volume of 5,816,456. The stock’s fifty day moving average price is $99.31 and its 200-day moving average price is $91.63. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week high of $104.04. The company has a market capitalization of $3.41 billion, a PE ratio of 26.05 and a beta of 0.98.

iShares U.S. Real Estate ETF Company 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).