iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Sees Unusually-High Trading Volume

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) saw an uptick in trading volume on Monday . 29,176 shares changed hands during mid-day trading, a decline of 52% from the previous session’s volume of 61,316 shares.The stock last traded at $89.92 and had previously closed at $89.22.

iShares Residential and Multisector Real Estate ETF Stock Performance

The company has a market cap of $774.43 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The company’s 50 day moving average price is $84.27 and its 200 day moving average price is $77.02.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

Several institutional investors have recently made changes to their positions in REZ. Lynx Investment Advisory acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the second quarter worth approximately $56,000. Van ECK Associates Corp boosted its holdings in iShares Residential and Multisector Real Estate ETF by 92.3% in the second quarter. Van ECK Associates Corp now owns 64,478 shares of the company’s stock valued at $4,964,000 after acquiring an additional 30,942 shares during the last quarter. Arkansas Financial Group Inc. increased its position in iShares Residential and Multisector Real Estate ETF by 1.0% in the first quarter. Arkansas Financial Group Inc. now owns 22,510 shares of the company’s stock worth $1,622,000 after purchasing an additional 233 shares during the period. ARK & TLK Investments LLC bought a new stake in iShares Residential and Multisector Real Estate ETF during the 4th quarter worth about $250,000. Finally, Fairscale Capital LLC acquired a new position in iShares Residential and Multisector Real Estate ETF during the 2nd quarter valued at about $27,000.

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.