Stock Traders Purchase High Volume of Put Options on iShares U.S. Real Estate ETF (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of some unusual options trading activity on Tuesday. Traders bought 57,889 put options on the stock. This is an increase of approximately 174% compared to the average daily volume of 21,152 put options.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new position in shares of iShares U.S. Real Estate ETF during the second quarter worth about $25,000. Sachetta LLC purchased a new position in iShares U.S. Real Estate ETF during the 2nd quarter worth approximately $31,000. AlphaMark Advisors LLC acquired a new position in iShares U.S. Real Estate ETF during the third quarter worth approximately $41,000. International Assets Investment Management LLC acquired a new position in iShares U.S. Real Estate ETF during the second quarter worth approximately $37,000. Finally, Larson Financial Group LLC lifted its stake in iShares U.S. Real Estate ETF by 93.7% in the first quarter. Larson Financial Group LLC now owns 672 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 325 shares during the last quarter.

iShares U.S. Real Estate ETF Price Performance

IYR stock opened at $100.91 on Thursday. iShares U.S. Real Estate ETF has a 1 year low of $72.88 and a 1 year high of $104.04. The firm has a market capitalization of $3.41 billion, a P/E ratio of 26.05 and a beta of 0.98. The business’s 50-day moving average is $100.14 and its two-hundred day moving average is $92.25.

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).