Investors Buy High Volume of Put Options on iShares U.S. Real Estate ETF (NYSEARCA:IYR)

by · The Cerbat Gem

iShares U.S. Real Estate ETF (NYSEARCA:IYR – Get Free Report) was the target of unusually large options trading on Monday. Stock traders bought 25,944 put options on the company. This represents an increase of 302% compared to the typical daily volume of 6,451 put options.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Large investors have recently modified their holdings of the stock. Rehmann Capital Advisory Group increased its holdings in shares of iShares U.S. Real Estate ETF by 1.7% in the second quarter. Rehmann Capital Advisory Group now owns 10,206 shares of the real estate investment trust’s stock valued at $1,044,000 after purchasing an additional 169 shares in the last quarter. Tucker Asset Management LLC boosted its position in iShares U.S. Real Estate ETF by 8.1% in the 2nd quarter. Tucker Asset Management LLC now owns 2,413 shares of the real estate investment trust’s stock valued at $247,000 after buying an additional 181 shares during the last quarter. Lakeshore Capital Group Inc. boosted its position in iShares U.S. Real Estate ETF by 5.6% in the 3rd quarter. Lakeshore Capital Group Inc. now owns 3,590 shares of the real estate investment trust’s stock valued at $341,000 after buying an additional 189 shares during the last quarter. Sterling Investment Advisors LLC ADV increased its stake in shares of iShares U.S. Real Estate ETF by 2.3% in the 2nd quarter. Sterling Investment Advisors LLC ADV now owns 10,882 shares of the real estate investment trust’s stock valued at $1,113,000 after buying an additional 248 shares during the period. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at $26,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Up 1.2%

IYR stock traded up $1.24 during midday trading on Monday, reaching $100.90. 6,645,519 shares of the company’s stock traded hands, compared to its average volume of 6,411,104. The company has a 50-day simple moving average of $98.85 and a two-hundred day simple moving average of $100.31. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $108.17. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96.

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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