Bank of Montreal Can Grows Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Bank of Montreal Can increased its holdings in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 7.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,106 shares of the real estate investment trust’s stock after purchasing an additional 7,892 shares during the quarter. Bank of Montreal Can’s holdings in iShares U.S. Real Estate ETF were worth $10,898,000 at the end of the most recent reporting period.

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

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

Shares of NYSEARCA IYR opened at $88.60 on Friday. The business’s 50 day moving average is $94.65 and its two-hundred day moving average is $96.35. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04. The firm has a market cap of $2.90 billion, a price-to-earnings ratio of 29.60 and a beta of 0.99.

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).