iShares U.S. Real Estate ETF Target of Unusually Large Options Trading (NYSEARCA:IYR)

by · The Cerbat Gem

iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Traders bought 18,132 put options on the company. This represents an increase of 223% compared to the typical daily volume of 5,611 put options.

Institutional Trading of iShares U.S. Real Estate ETF

Several institutional investors have recently added to or reduced their stakes in the business. Glassy Mountain Advisors Inc. bought a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at approximately $27,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in iShares U.S. Real Estate ETF in the 3rd quarter valued at about $39,000. Harbour Investments Inc. bought a new position in iShares U.S. Real Estate ETF in the 2nd quarter worth approximately $72,000. Russell Investments Group Ltd. raised its stake in iShares U.S. Real Estate ETF by 68.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 755 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 308 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter valued at $98,000. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Stock Performance

Shares of iShares U.S. Real Estate ETF stock traded up $0.47 during trading on Tuesday, reaching $95.36. The company had a trading volume of 2,771,048 shares, compared to its average volume of 6,379,270. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $99.62. The firm’s fifty day moving average is $94.75 and its 200-day moving average is $95.68. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 35.41 and a beta of 1.01.

About iShares U.S. Real Estate ETF

(Get Free Report)

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).

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