Ballew Advisors Inc Acquires 277 Shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Ballew Advisors Inc grew its holdings in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,539 shares of the real estate investment trust’s stock after purchasing an additional 277 shares during the period. iShares U.S. Real Estate ETF comprises about 1.1% of Ballew Advisors Inc’s investment portfolio, making the stock its 17th biggest holding. Ballew Advisors Inc’s holdings in iShares U.S. Real Estate ETF were worth $1,481,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley grew its holdings in shares of iShares U.S. Real Estate ETF by 28.4% in the third quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock worth $365,289,000 after acquiring an additional 1,033,819 shares during the period. WealthNavi Inc. grew its holdings in iShares U.S. Real Estate ETF by 10.2% during the third quarter. WealthNavi Inc. now owns 3,852,540 shares of the real estate investment trust’s stock valued at $301,037,000 after purchasing an additional 357,859 shares during the period. Bank of America Corp DE grew its holdings in iShares U.S. Real Estate ETF by 19.8% during the first quarter. Bank of America Corp DE now owns 3,210,841 shares of the real estate investment trust’s stock valued at $272,600,000 after purchasing an additional 529,576 shares during the period. Citigroup Inc. grew its holdings in iShares U.S. Real Estate ETF by 592.7% during the third quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock valued at $80,857,000 after purchasing an additional 1,244,785 shares during the period. Finally, Stifel Financial Corp grew its holdings in iShares U.S. Real Estate ETF by 0.6% during the third quarter. Stifel Financial Corp now owns 648,020 shares of the real estate investment trust’s stock valued at $50,636,000 after purchasing an additional 3,760 shares during the period.

iShares U.S. Real Estate ETF Stock Up 0.7 %

NYSEARCA:IYR traded up $0.64 during mid-day trading on Thursday, hitting $89.90. 6,094,537 shares of the company traded hands, compared to its average volume of 6,662,035. The stock’s fifty day moving average price is $88.05 and its 200-day moving average price is $84.84. iShares U.S. Real Estate ETF has a one year low of $72.88 and a one year high of $92.85. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 28.43 and a beta of 0.91.

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).