Ballew Advisors Inc Has $1.48 Million Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ballew Advisors Inc increased its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYRFree Report) by 4.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,263 shares of the real estate investment trust’s stock after purchasing an additional 724 shares during the period. iShares U.S. Real Estate ETF makes up about 1.0% of Ballew Advisors Inc’s portfolio, making the stock its 18th biggest holding. Ballew Advisors Inc’s holdings in iShares U.S. Real Estate ETF were worth $1,478,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Morgan Stanley increased its stake in iShares U.S. Real Estate ETF by 28.4% during the 3rd quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock worth $365,289,000 after acquiring an additional 1,033,819 shares during the period. Cibc World Markets Corp increased its stake in shares of iShares U.S. Real Estate ETF by 132,707.9% in the 4th quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after purchasing an additional 4,644,778 shares during the last quarter. WealthNavi Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 1.5% in the 4th quarter. WealthNavi Inc. now owns 3,910,049 shares of the real estate investment trust’s stock valued at $357,418,000 after purchasing an additional 57,509 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of iShares U.S. Real Estate ETF by 1,830.7% in the 4th quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock valued at $111,916,000 after purchasing an additional 1,160,912 shares during the last quarter. Finally, Citigroup Inc. increased its stake in shares of iShares U.S. Real Estate ETF by 592.7% in the 3rd quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock valued at $80,857,000 after purchasing an additional 1,244,785 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Up 0.4 %

Shares of IYR traded up $0.36 during midday trading on Friday, hitting $87.13. The company’s stock had a trading volume of 3,345,282 shares, compared to its average volume of 6,278,480. iShares U.S. Real Estate ETF has a one year low of $72.88 and a one year high of $92.85. The company’s fifty day simple moving average is $85.41 and its two-hundred day simple moving average is $87.47. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

iShares U.S. Real Estate ETF Profile

(Free Report)

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).

See Also

Institutional Ownership by Quarter for iShares U.S. Real Estate ETF (NYSEARCA:IYR)

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