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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of some unusual options trading activity on Friday. Stock investors purchased 35,635 put options on the stock. This represents an increase of 51% compared to the typical volume of 23,646 put options.

iShares U.S. Real Estate ETF Trading Up 0.2 %

IYR stock traded up $0.19 during mid-day trading on Friday, hitting $97.88. 2,967,597 shares of the company were exchanged, compared to its average volume of 5,806,963. The business has a 50 day simple moving average of $100.43 and a 200-day simple moving average of $93.83. iShares U.S. Real Estate ETF has a 1-year low of $81.02 and a 1-year high of $104.04. The stock has a market capitalization of $3.30 billion, a PE ratio of 26.05 and a beta of 0.98.

Institutional Investors Weigh In On iShares U.S. Real Estate ETF

Large investors have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter valued at $17,701,000. Jacobi Capital Management LLC bought a new position in shares of iShares U.S. Real Estate ETF in the first quarter worth about $8,732,000. SG Americas Securities LLC boosted its stake in shares of iShares U.S. Real Estate ETF by 86.1% in the 3rd quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock valued at $21,285,000 after purchasing an additional 96,659 shares in the last quarter. Aspect Partners LLC grew its holdings in shares of iShares U.S. Real Estate ETF by 1,287.6% during the 3rd quarter. Aspect Partners LLC now owns 102,337 shares of the real estate investment trust’s stock valued at $10,425,000 after purchasing an additional 94,962 shares during the last quarter. Finally, Townsquare Capital LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the third quarter worth $8,422,000.

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).