FormulaFolio Investments LLC Takes Position in iShares US Real Estate ETF (IYR)

FormulaFolio Investments LLC purchased a new position in iShares US Real Estate ETF (NYSE:IYR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 77,237 shares of the real estate investment trust’s stock, valued at approximately $6,170,000. iShares US Real Estate ETF accounts for about 0.5% of FormulaFolio Investments LLC’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Karp Capital Management Corp increased its holdings in shares of iShares US Real Estate ETF by 0.6% in the second quarter. Karp Capital Management Corp now owns 29,733 shares of the real estate investment trust’s stock worth $2,372,000 after purchasing an additional 178 shares during the period. BlackRock Inc. increased its holdings in shares of iShares US Real Estate ETF by 1.5% in the second quarter. BlackRock Inc. now owns 2,438,274 shares of the real estate investment trust’s stock worth $194,500,000 after purchasing an additional 36,539 shares during the period. Stephens Inc. AR increased its holdings in shares of iShares US Real Estate ETF by 3.5% in the second quarter. Stephens Inc. AR now owns 273,409 shares of the real estate investment trust’s stock worth $21,810,000 after purchasing an additional 9,367 shares during the period. Jacobi Capital Management LLC increased its holdings in shares of iShares US Real Estate ETF by 8.2% in the second quarter. Jacobi Capital Management LLC now owns 70,068 shares of the real estate investment trust’s stock worth $5,474,000 after purchasing an additional 5,283 shares during the period. Finally, Tuttle Tactical Management LLC bought a new position in shares of iShares US Real Estate ETF in the second quarter worth $399,000.

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iShares US Real Estate ETF (IYR) traded down 0.32% on Friday, hitting $80.82. 6,596,066 shares of the stock traded hands. iShares US Real Estate ETF has a 52-week low of $72.11 and a 52-week high of $82.43. The company’s 50 day moving average price is $80.86 and its 200-day moving avera

Other institutional investors have also recently added to or reduced their stakes in the company. Karp Capital Management Corp increased its holdings in shares of iShares US Real Estate ETF by 0.6% in the second quarter. Karp Capital Management Corp now owns 29,733 shares of the real estate investment trust’s stock worth $2,372,000 after purchasing an additional 178 shares during the period. BlackRock Inc. increased its holdings in shares of iShares US Real Estate ETF by 1.5% in the second quarter. BlackRock Inc. now owns 2,438,274 shares of the real estate investment trust’s stock worth $194,500,000 after purchasing an additional 36,539 shares during the period. Stephens Inc. AR increased its holdings in shares of iShares US Real Estate ETF by 3.5% in the second quarter. Stephens Inc. AR now owns 273,409 shares of the real estate investment trust’s stock worth $21,810,000 after purchasing an additional 9,367 shares during the period. Jacobi Capital Management LLC increased its holdings in shares of iShares US Real Estate ETF by 8.2% in the second quarter. Jacobi Capital Management LLC now owns 70,068 shares of the real estate investment trust’s stock worth $5,474,000 after purchasing an additional 5,283 shares during the period. Finally, Tuttle Tactical Management LLC bought a new position in shares of iShares US Real Estate ETF in the second quarter worth $399,000.

ILLEGAL ACTIVITY WARNING: “FormulaFolio Investments LLC Takes Position in iShares US Real Estate ETF (IYR)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://ledgergazette.com/2017/10/20/formulafolio-investments-llc-takes-position-in-ishares-us-real-estate-etf-iyr.html.

iShares US Real Estate ETF (IYR) traded down 0.32% on Friday, hitting $80.82. 6,596,066 shares of the stock traded hands. iShares US Real Estate ETF has a 52-week low of $72.11 and a 52-week high of $82.43. The company’s 50 day moving average price is $80.86 and its 200-day moving average price is $80.01.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were issued a $0.6824 dividend. The ex-dividend date was Tuesday, September 26th. This represents a $2.73 dividend on an annualized basis and a yield of 3.38%.

About iShares US 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).

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

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