iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Position Raised by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,594 shares of the real estate investment trust’s stock after acquiring an additional 144 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares U.S. Real Estate ETF were worth $754,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYR. Aspect Partners LLC acquired a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $15,342,000. CWM LLC grew 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 valued at $182,000 after buying an additional 1,440 shares during the last quarter. Brevan Howard Capital Management LP acquired a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $2,343,000. Nepc LLC acquired a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at $2,062,000. Finally, Optimum Investment Advisors grew its stake in iShares U.S. Real Estate ETF by 16.0% in the 1st quarter. Optimum Investment Advisors now owns 1,461 shares of the real estate investment trust’s stock valued at $131,000 after buying an additional 201 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $98.50 on Tuesday. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The company’s fifty day moving average is $98.89 and its two-hundred day moving average is $91.26. iShares U.S. Real Estate ETF has a 52-week low of $72.88 and a 52-week 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).