iShares U.S. Real Estate ETF Sees Unusually High Options Volume (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw unusually large options trading activity on Friday. Stock investors purchased 31,944 put options on the stock. This represents an increase of approximately 496% compared to the average daily volume of 5,359 put options.

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

Several large investors have recently modified their holdings of IYR. Assetmark Inc. grew its stake in iShares U.S. Real Estate ETF by 145.9% in the 4th quarter. Assetmark Inc. now owns 268 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 159 shares in the last quarter. Glassy Mountain Advisors Inc. purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $27,000. Modus Advisors LLC purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $28,000. Fifth Third Bancorp purchased a new position in iShares U.S. Real Estate ETF in the 4th quarter valued at approximately $38,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in iShares U.S. Real Estate ETF in the 3rd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.

iShares U.S. Real Estate ETF Trading Down 0.1%

Shares of IYR stock traded down $0.11 during trading hours on Friday, hitting $102.52. 2,137,582 shares of the company were exchanged, compared to its average volume of 7,603,032. The firm has a fifty day simple moving average of $98.64 and a 200 day simple moving average of $96.79. iShares U.S. Real Estate ETF has a 52-week low of $91.40 and a 52-week high of $103.32. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 35.41 and a beta of 1.02.

About iShares U.S. Real Estate ETF

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).