iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Reaches New 52-Week High – What’s Next?

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $92.60 and last traded at $92.49, with a volume of 2047 shares. The stock had previously closed at $91.63.

iShares Residential and Multisector Real Estate ETF Trading Down 0.4%

The stock has a fifty day moving average of $87.94 and a two-hundred day moving average of $86.33. The company has a market capitalization of $858.14 million, a PE ratio of 43.88 and a beta of 0.86.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

Several large investors have recently bought and sold shares of REZ. Kendall Capital Management grew its holdings in shares of iShares Residential and Multisector Real Estate ETF by 1.4% during the 3rd quarter. Kendall Capital Management now owns 10,829 shares of the company’s stock worth $920,000 after acquiring an additional 146 shares during the period. Monetary Solutions Ltd bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the fourth quarter valued at approximately $26,000. Sound Income Strategies LLC boosted its position in shares of iShares Residential and Multisector Real Estate ETF by 19.3% during the fourth quarter. Sound Income Strategies LLC now owns 2,331 shares of the company’s stock valued at $201,000 after purchasing an additional 377 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares Residential and Multisector Real Estate ETF by 15.0% in the third quarter. Jones Financial Companies Lllp now owns 6,700 shares of the company’s stock worth $563,000 after purchasing an additional 874 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its holdings in iShares Residential and Multisector Real Estate ETF by 7.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 14,702 shares of the company’s stock worth $1,215,000 after purchasing an additional 996 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Company Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.