Truist Financial Corp Has $4.16 Million Stake in iShares U.S. Real Estate ETF (NYSEARCA:IYR)

Truist Financial Corp boosted its position in shares of iShares U.S. Real Estate ETF (NYSEARCA:IYR) by 1.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 45,512 shares of the real estate investment trust’s stock after purchasing an additional 488 shares during the period. Truist Financial Corp owned 0.13% of iShares U.S. Real Estate ETF worth $4,160,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its position in iShares U.S. Real Estate ETF by 74.5% in the 4th quarter. Allworth Financial LP now owns 9,539 shares of the real estate investment trust’s stock worth $872,000 after buying an additional 4,074 shares in the last quarter. Cerity Partners LLC grew its holdings in iShares U.S. Real Estate ETF by 7.7% during the fourth quarter. Cerity Partners LLC now owns 62,090 shares of the real estate investment trust’s stock valued at $5,676,000 after purchasing an additional 4,446 shares during the last quarter. Unionview LLC raised its holdings in iShares U.S. Real Estate ETF by 7.7% in the 4th quarter. Unionview LLC now owns 11,160 shares of the real estate investment trust’s stock worth $1,020,000 after acquiring an additional 794 shares during the period. Sumitomo Mitsui Financial Group Inc. boosted its holdings in iShares U.S. Real Estate ETF by 19.1% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 73,164 shares of the real estate investment trust’s stock valued at $5,719,000 after acquiring an additional 11,757 shares during the period. Finally, Sand Hill Global Advisors LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $814,000.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR opened at $84.67 on Tuesday. The stock has a 50-day simple moving average of $86.71 and a 200 day simple moving average of $85.91. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $92.85. The stock has a market capitalization of $3.69 billion, a PE ratio of 25.26 and a beta of 0.99.

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).