JPMorgan Chase & Co. Acquires 241,586 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

JPMorgan Chase & Co. raised its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 140.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 413,325 shares of the real estate investment trust’s stock after acquiring an additional 241,586 shares during the period. JPMorgan Chase & Co. owned about 1.22% of iShares U.S. Real Estate ETF worth $42,106,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in iShares U.S. Real Estate ETF in the 3rd quarter worth about $30,000. Sachetta LLC acquired a new stake in iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $31,000. AlphaMark Advisors LLC bought a new stake in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $41,000. Transcendent Capital Group LLC raised its stake in shares of iShares U.S. Real Estate ETF by 159.4% during the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock valued at $41,000 after acquiring an additional 247 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth $69,000.

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

NYSEARCA IYR opened at $93.43 on Monday. The firm has a market capitalization of $3.15 billion, a PE ratio of 26.05 and a beta of 0.98. The business’s 50-day moving average price is $97.60 and its two-hundred day moving average price is $96.71. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04.

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).