WESPAC Advisors LLC Makes New Investment in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

WESPAC Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 6,972 shares of the real estate investment trust’s stock, valued at approximately $710,000.

Other institutional investors also recently bought and sold shares of the company. Bayesian Capital Management LP boosted its stake in shares of iShares U.S. Real Estate ETF by 186.9% during the 1st quarter. Bayesian Capital Management LP now owns 23,200 shares of the real estate investment trust’s stock worth $2,086,000 after acquiring an additional 15,114 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in iShares U.S. Real Estate ETF by 21.1% during the first quarter. B. Riley Wealth Advisors Inc. now owns 2,980 shares of the real estate investment trust’s stock valued at $268,000 after purchasing an additional 519 shares during the period. Cetera Investment Advisers increased its position 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 worth $2,806,000 after buying an additional 25,024 shares in the last quarter. Cetera Advisors LLC increased its position in iShares U.S. Real Estate ETF by 79.5% in the first quarter. Cetera Advisors LLC now owns 10,336 shares of the real estate investment trust’s stock worth $929,000 after buying an additional 4,579 shares in the last quarter. Finally, First Citizens Financial Corp raised its stake in shares of iShares U.S. Real Estate ETF by 2.7% in the first quarter. First Citizens Financial Corp now owns 40,490 shares of the real estate investment trust’s stock worth $3,640,000 after buying an additional 1,053 shares during the period.

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

Shares of NYSEARCA:IYR opened at $100.36 on Friday. The stock has a 50 day moving average of $100.10 and a 200 day moving average of $94.49. The company has a market cap of $3.39 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 12-month low of $81.25 and a 12-month high of $104.04.

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).