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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading activity on Thursday. Stock traders bought 37,551 put options on the company. This is an increase of approximately 80% compared to the typical volume of 20,828 put options.

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

Several hedge funds and other institutional investors have recently modified their holdings of the business. Fifth Third Bancorp purchased a new stake in iShares U.S. Real Estate ETF in the 2nd quarter valued at $25,000. Wolverine Asset Management LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth $30,000. Sachetta LLC acquired a new position in shares of iShares U.S. Real Estate ETF during the 2nd quarter valued at about $31,000. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the second quarter valued at about $37,000. Finally, AlphaMark Advisors LLC purchased a new stake in shares of iShares U.S. Real Estate ETF in the third quarter valued at about $41,000.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA IYR opened at $90.74 on Friday. The stock’s 50 day simple moving average is $99.29 and its 200-day simple moving average is $96.17. iShares U.S. Real Estate ETF has a 1-year low of $81.25 and a 1-year high of $104.04. The company has a market cap of $3.06 billion, a PE 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).