Rather & Kittrell Inc. Has $1.67 Million Stock Position in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Rather & Kittrell Inc. increased its stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 2.1% during the fourth quarter, HoldingsChannel reports. The firm owned 18,309 shares of the real estate investment trust’s stock after acquiring an additional 378 shares during the period. iShares U.S. Real Estate ETF accounts for approximately 0.6% of Rather & Kittrell Inc.’s holdings, making the stock its 26th biggest position. Rather & Kittrell Inc.’s holdings in iShares U.S. Real Estate ETF were worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Trust Company N.A purchased a new position in shares of iShares U.S. Real Estate ETF in the fourth quarter worth approximately $27,000. Tucker Asset Management LLC lifted its position in shares of iShares U.S. Real Estate ETF by 742.0% in the 3rd quarter. Tucker Asset Management LLC now owns 421 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 371 shares in the last quarter. Wagner Wealth Management LLC acquired a new position in iShares U.S. Real Estate ETF in the 4th quarter worth approximately $37,000. U S Global Investors Inc. purchased a new position in iShares U.S. Real Estate ETF during the 4th quarter worth approximately $37,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $39,000.

iShares U.S. Real Estate ETF Stock Up 0.1 %

Shares of IYR traded up $0.12 during mid-day trading on Friday, reaching $83.23. The company’s stock had a trading volume of 4,978,873 shares, compared to its average volume of 6,623,658. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 25.26 and a beta of 0.99. The business has a fifty day moving average of $87.14 and a 200 day moving average of $85.56. iShares U.S. Real Estate ETF has a 1 year low of $72.88 and a 1 year high of $92.85.

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).