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iShares Dow Jones US Real Estate Index Fund In Review: Shares Trading 19.70% Above its May 6th Crash Low of $43.16 (IYR)

Written on Sat, 07/31/2010 - 9:00am
By Chip Brian

iShares Dow Jones US Real Estate Index Fund (NYSE:IYR) is currently trading 19.70% above its May 6th low of $43.16. Investors are looking to see if this 'flash crash' low can act as support signaling the stock has completed a bottoming process.
In the past 52-weeks, shares of iShares Dow Jones US Real Estate Index Fund have traded between a low of $34.27 and a high of $55 and are now at $51.65, which is 50.70% above that low price.
SmarTrend is bullish on shares of iShares Dow Jones US Real Estate Index Fund and our subscribers were alerted to Buy on July 26, 2010 at $51.31. The stock has risen 0.7% since the alert was issued.

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