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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading on Thursday. Stock traders acquired 23,417 put options on the stock. This is an increase of 300% compared to the average daily volume of 5,856 put options.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR traded up $0.68 on Thursday, reaching $103.47. The stock had a trading volume of 2,474,323 shares, compared to its average volume of 6,956,635. The company has a market cap of $4.51 billion, a P/E ratio of 35.41 and a beta of 0.97. The firm has a fifty day moving average of $102.35 and a two-hundred day moving average of $99.10. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $105.15.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Assetmark Inc. grew its holdings in shares of iShares U.S. Real Estate ETF by 145.9% during the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 159 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 1st quarter valued at $25,000. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares U.S. Real Estate ETF in the 2nd quarter valued at $26,000. Modus Advisors LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter worth $28,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of iShares U.S. Real Estate ETF by 3,660.0% in the first quarter. Sunbelt Securities Inc. now owns 376 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 366 shares during the last quarter. Institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Company Profile

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).