Dallas, Texas 11/20/2013 (Financialstrend) – In Tuesday’s trading session, iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) dropped by 0.76%. The shares opened at a price of $64.22, touched the intraday high of $64.42 and headed to a close of $63.90. The 52-week low of iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) shares is $60.84 and its 52-week high is $76.21. The company has a market capitalization of $4.22 billion.
About the company
iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) was previously y called iShares Dow Jones United States Real-Estate Index Fund. The company is one non-diversified fund. iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) seeks the investment results that normally correspond to the price as well as the yield performance of Dow Jones United States Real-Estate Index or (the Index). The Index measures performance of the real-estate sector in the United States equity-market,& includes the companies in industry groups, like real estate holding & development as well as real estate investment-trusts or (REITs).
iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) invests in a varied representative sample of the securities that are included in the Index. Collectively, all these securities have an investment profile that is very similar to the Index. Because to the use of the representative sampling, iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) may / may not hold all the securities that are also included in this Index. iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR)’s investment advisor is the BlackRock Fund Advisors (BFA).
In volatile times like the ones that are being experienced, most investors are looking at the center of their portfolios in order to do more: that are trying to produce more income, manage more risk, and also evolve to deliver on all their investment goals. The iShares Dow Jones US Real Estate (ETF) (NYSEARCA:IYR) Core: is a suite of 10 different competitively priced & tax efficient¹ ETFs that help investors keep more of what they earn.
