Kingsview Wealth Management LLC Invests $3.45 Million in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Kingsview Wealth Management LLC purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the fourth quarter, HoldingsChannel reports. The firm purchased 37,064 shares of the real estate investment trust’s stock, valued at approximately $3,449,000.

Other institutional investors have also recently bought and sold shares of the company. D.A. Davidson & CO. raised its holdings 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 worth $291,000 after acquiring an additional 111 shares during the period. Unionview LLC raised its stake in shares of iShares U.S. Real Estate ETF by 1.0% in the 3rd quarter. Unionview LLC now owns 11,830 shares of the real estate investment trust’s stock valued at $1,205,000 after purchasing an additional 113 shares during the period. Arkansas Financial Group Inc. lifted its holdings in shares of iShares U.S. Real Estate ETF by 0.3% in the fourth quarter. Arkansas Financial Group Inc. now owns 54,938 shares of the real estate investment trust’s stock valued at $5,112,000 after purchasing an additional 140 shares in the last quarter. Gray Private Wealth LLC boosted its position in shares of iShares U.S. Real Estate ETF by 0.9% during the third quarter. Gray Private Wealth LLC now owns 17,612 shares of the real estate investment trust’s stock worth $1,794,000 after buying an additional 154 shares during the period. Finally, Garrison Point Advisors LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 5.5% during the third quarter. Garrison Point Advisors LLC now owns 2,958 shares of the real estate investment trust’s stock worth $301,000 after buying an additional 154 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $95.94 on Monday. iShares U.S. Real Estate ETF has a 52 week low of $81.25 and a 52 week high of $104.04. The stock’s 50 day moving average price is $94.71 and its two-hundred day moving average price is $97.50. The stock has a market capitalization of $3.24 billion, a price-to-earnings 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).