Alerus Financial NA Takes $2.18 Million Position in iShares US Real Estate ETF (NYSEARCA:IYR)

Alerus Financial NA bought a new position in iShares US Real Estate ETF (NYSEARCA:IYRGet Rating) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,748 shares of the real estate investment trust’s stock, valued at approximately $2,177,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in IYR. Newbridge Financial Services Group Inc. boosted its holdings in shares of iShares US Real Estate ETF by 269.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 240 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 175 shares during the period. First National Bank of South Miami purchased a new stake in shares of iShares US Real Estate ETF in the fourth quarter worth approximately $31,000. First Manhattan Co. purchased a new stake in shares of iShares US Real Estate ETF in the third quarter worth approximately $38,000. Curi Wealth Management LLC purchased a new stake in shares of iShares US Real Estate ETF in the fourth quarter worth approximately $38,000. Finally, Concord Wealth Partners purchased a new stake in shares of iShares US Real Estate ETF in the fourth quarter worth approximately $39,000.

Shares of NYSEARCA IYR traded up $0.09 during mid-day trading on Wednesday, reaching $97.05. The company had a trading volume of 167,637 shares, compared to its average volume of 9,592,241. The stock has a fifty day moving average of $104.40 and a two-hundred day moving average of $106.57. iShares US Real Estate ETF has a 12-month low of $92.89 and a 12-month high of $116.89.

About iShares US Real Estate ETF (Get Rating)

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).

See Also

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Institutional Ownership by Quarter for iShares US Real Estate ETF (NYSEARCA:IYR)

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