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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw unusually large options trading on Wednesday. Traders bought 69,544 put options on the company. This is an increase of 196% compared to the average volume of 23,520 put options.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC lifted its stake in iShares U.S. Real Estate ETF by 5,921.5% in the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after buying an additional 9,829,412 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock valued at $42,106,000 after acquiring an additional 241,586 shares during the period. Passaic Partners LLC lifted its position in shares of iShares U.S. Real Estate ETF by 43.9% during the 3rd quarter. Passaic Partners LLC now owns 221,433 shares of the real estate investment trust’s stock valued at $22,557,000 after acquiring an additional 67,553 shares during the period. SG Americas Securities LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 86.1% during the third 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 during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares U.S. Real Estate ETF by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock valued at $16,593,000 after purchasing an additional 8,626 shares during the period.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA IYR opened at $94.00 on Thursday. The company’s 50 day moving average price is $96.04 and its 200-day moving average price is $97.22. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04. The company has a market capitalization of $3.17 billion, a P/E ratio of 26.05 and a beta of 0.98.

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).