JFS Wealth Advisors LLC Cuts Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

JFS Wealth Advisors LLC decreased its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.3% in the third quarter, Holdings Channel reports. The firm owned 29,363 shares of the real estate investment trust’s stock after selling 700 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares U.S. Real Estate ETF were worth $2,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYR. Mutual Advisors LLC grew its stake in shares of iShares U.S. Real Estate ETF by 127.7% during the third quarter. Mutual Advisors LLC now owns 31,514 shares of the real estate investment trust’s stock worth $3,188,000 after acquiring an additional 17,671 shares during the last quarter. Integrated Advisors Network LLC grew its position in iShares U.S. Real Estate ETF by 55.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 23,008 shares of the real estate investment trust’s stock worth $2,344,000 after purchasing an additional 8,233 shares during the last quarter. Yeomans Consulting Group Inc. acquired a new position in iShares U.S. Real Estate ETF during the 3rd quarter valued at approximately $596,000. Bristlecone Advisors LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 5.3% in the third quarter. Bristlecone Advisors LLC now owns 6,488 shares of the real estate investment trust’s stock worth $661,000 after buying an additional 328 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of iShares U.S. Real Estate ETF during the third quarter worth $205,000.

iShares U.S. Real Estate ETF Price Performance

Shares of IYR opened at $100.01 on Thursday. The company’s fifty day moving average price is $100.55 and its 200-day moving average price is $92.73. iShares U.S. Real Estate ETF has a 1-year low of $73.94 and a 1-year high of $104.04. The firm has a market capitalization of $3.38 billion, a PE ratio of 26.05 and a beta of 0.98.

About iShares U.S. Real Estate ETF

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).