Mercer Global Advisors Inc. ADV Raises Shares in iShares US Real Estate ETF (NYSEARCA:IYR)

Mercer Global Advisors Inc. ADV raised its stake in shares of iShares US Real Estate ETF (NYSEARCA:IYR – Free Report) by 70.3% during the second quarter, Holdings Channel reports. The fund owned 12,319 shares of the real estate investment trust’s stock after purchasing an additional 5,087 shares during the quarter. Holdings of Mercer Global Advisors Inc. ADV in iShares US Real Estate ETF were worth $1,081,000 at the end of the most recent reporting period.

A number of other institutional investors have recently added to or reduced their stakes in the company. Cibc World Markets Corp boosted its holdings in shares of iShares US Real Estate ETF by 132,707.9% during the 4th quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock worth $424,899,000 , after buying an additional 4,644,778 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of iShares US Real Estate ETF by 1,830.7% during the fourth quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock valued at $111,916,000 after purchasing an additional 1,160,912 shares during the period. Stifel Financial Corp boosted its position in iShares US Real Estate ETF by 5.0% during the fourth quarter. Stifel Financial Corp now owns 680,250 shares of the real estate investment trust’s stock worth $62,182,000 after purchasing an additional 32,230 shares during the last quarter. Capstone Investment Advisors LLC raised its stake in iShares US Real Estate ETF by 312.6% in the fourth quarter. Capstone Investment Advisors LLC now owns 455,741 shares of the real estate investment trust’s stock worth $41,659,000 after acquiring an additional 345,281 shares during the period. Finally, Connable Office Inc. raised its stake in iShares US Real Estate ETF by 8.9% in the second quarter. Connable Office Inc. now owns 404,881 shares of the real estate investment trust’s stock worth $35,524,000 after acquiring an additional 33,203 shares during the period.

The iShares US Real Estate ETF stock fell 0.6%

Shares of iShares US Real Estate ETF stock opened at $101.89 on Thursday. iShares US Real Estate ETF has a fifty-two week low of $72.88 and a fifty-two week high of $104.04. The company’s fifty day moving average is $97.71 and its two hundred day moving average is $90.60. The firm has a market cap of $3.44 billion, a PE ratio of 26.05 and a beta of 0.98.

iShares US Real Estate ETF Profile

(Free Report)

iShares US Real Estate ETF, formerly iShares Dow Jones US Real Estate Index Fund (the Fund), is a non-diversified fund. The Fund seeks investment results that generally correspond to the price performance and yield of the Dow Jones US Real Estate Index (the Index). The index measures the performance of the real estate sector of the United States stock market and includes companies in industry groups such as real estate ownership and development and real estate investment trusts (REITs).

Further reading

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