iShares US Real Estate ETF (NYSEARCA:IYR) Shares Cross Below 50 Day Moving Average of $88.91

iShares US Real Estate ETF (NYSEARCA:IYR) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $88.91 and traded as low as $89.03. iShares US Real Estate ETF shares last traded at $89.09, with a volume of 356,553 shares traded.

The firm has a 50-day moving average price of $88.93.

The company also recently announced a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were given a $0.6852 dividend. This represents a $2.74 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Monday, June 17th. This is a positive change from iShares US Real Estate ETF’s previous quarterly dividend of $0.60.

A number of institutional investors have recently made changes to their positions in IYR. SG Americas Securities LLC raised its position in iShares US Real Estate ETF by 102.6% in the 1st quarter. SG Americas Securities LLC now owns 417,684 shares of the real estate investment trust’s stock valued at $36,355,000 after buying an additional 16,717,160 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new position in iShares US Real Estate ETF in the first quarter valued at approximately $105,415,000. Deutsche Bank AG bought a new position in iShares US Real Estate ETF in the fourth quarter valued at approximately $66,732,000. WealthNavi Inc. bought a new position in iShares US Real Estate ETF in the first quarter valued at approximately $64,064,000. Finally, Ellis Investment Partners LLC grew its stake in iShares US Real Estate ETF by 8,507.1% in the first quarter. Ellis Investment Partners LLC now owns 427,602 shares of the real estate investment trust’s stock valued at $427,000 after purchasing an additional 422,634 shares in the last quarter.

iShares US Real Estate ETF Company Profile (NYSEARCA:IYR)

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).

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