Nuveen Asset Management LLC Purchases Shares of 419,700 iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Nuveen Asset Management LLC purchased a new stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 419,700 shares of the real estate investment trust’s stock, valued at approximately $39,057,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clear Investment Research LLC increased its stake in iShares U.S. Real Estate ETF by 5.0% during the 4th quarter. Clear Investment Research LLC now owns 2,301 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 109 shares in the last quarter. Optimum Investment Advisors increased its stake in iShares U.S. Real Estate ETF by 8.2% during the 4th quarter. Optimum Investment Advisors now owns 1,612 shares of the real estate investment trust’s stock valued at $150,000 after purchasing an additional 122 shares in the last quarter. Arkansas Financial Group Inc. raised its stake 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 worth $5,112,000 after purchasing an additional 140 shares during the last quarter. Spire Wealth Management raised its stake in shares of iShares U.S. Real Estate ETF by 3.2% in the fourth quarter. Spire Wealth Management now owns 5,127 shares of the real estate investment trust’s stock worth $477,000 after purchasing an additional 159 shares during the last quarter. Finally, Scotia Capital Inc. raised its stake in shares of iShares U.S. Real Estate ETF by 2.3% in the fourth quarter. Scotia Capital Inc. now owns 8,553 shares of the real estate investment trust’s stock worth $796,000 after purchasing an additional 190 shares during the last quarter.

iShares U.S. Real Estate ETF Stock Down 0.5%

Shares of iShares U.S. Real Estate ETF stock opened at $95.09 on Wednesday. The company has a market cap of $3.28 billion, a PE ratio of 31.19 and a beta of 1.02. iShares U.S. Real Estate ETF has a 52 week low of $81.53 and a 52 week high of $104.04. The business has a 50 day moving average price of $92.85 and a 200-day moving average price of $95.05.

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).