iShares U.S. Real Estate ETF (NYSEARCA:IYR) Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. grew its position in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 16.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,235 shares of the real estate investment trust’s stock after acquiring an additional 726 shares during the period. Alliancebernstein L.P.’s holdings in iShares U.S. Real Estate ETF were worth $487,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Synergy Investment Management LLC acquired a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $27,000. Modus Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter worth $28,000. Avior Wealth Management LLC grew its stake in shares of iShares U.S. Real Estate ETF by 146.0% during the fourth quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 238 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in iShares U.S. Real Estate ETF in the fourth quarter valued at $42,000. Finally, Rialto Wealth Management LLC acquired a new stake in iShares U.S. Real Estate ETF in the fourth quarter valued at $56,000.

iShares U.S. Real Estate ETF Trading Up 1.5 %

Shares of NYSEARCA:IYR opened at $91.93 on Monday. The firm has a 50 day simple moving average of $94.14 and a 200-day simple moving average of $95.97. iShares U.S. Real Estate ETF has a twelve month low of $81.53 and a twelve month high of $104.04. The company has a market capitalization of $3.01 billion, a PE ratio of 29.60 and a beta of 0.99.

iShares U.S. Real Estate ETF 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).