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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw unusually large options trading activity on Monday. Stock traders purchased 25,944 put options on the stock. This represents an increase of 302% compared to the average daily volume of 6,451 put options.

Institutional Trading of iShares U.S. Real Estate ETF

Several large investors have recently added to or reduced their stakes in IYR. Bank of America Corp DE lifted its position in shares of iShares U.S. Real Estate ETF by 12.7% during the first quarter. Bank of America Corp DE now owns 1,292,491 shares of the real estate investment trust’s stock worth $122,218,000 after purchasing an additional 145,840 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in iShares U.S. Real Estate ETF in the third quarter valued at about $37,723,000. Magnus Financial Group LLC increased its holdings in iShares U.S. Real Estate ETF by 3.5% in the third quarter. Magnus Financial Group LLC now owns 188,158 shares of the real estate investment trust’s stock valued at $17,883,000 after buying an additional 6,282 shares during the last quarter. Passaic Partners LLC increased its holdings in iShares U.S. Real Estate ETF by 1.5% in the second quarter. Passaic Partners LLC now owns 186,130 shares of the real estate investment trust’s stock valued at $19,032,000 after buying an additional 2,826 shares during the last quarter. Finally, Walleye Capital LLC raised its stake in iShares U.S. Real Estate ETF by 1,623.5% during the first quarter. Walleye Capital LLC now owns 180,000 shares of the real estate investment trust’s stock valued at $17,021,000 after buying an additional 169,556 shares in the last quarter. 98.41% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Real Estate ETF Stock Down 0.4%

Shares of iShares U.S. Real Estate ETF stock traded down $0.37 during trading hours on Tuesday, hitting $100.53. The company’s stock had a trading volume of 602,100 shares, compared to its average volume of 6,388,596. iShares U.S. Real Estate ETF has a 1-year low of $92.45 and a 1-year high of $108.17. The business has a fifty day moving average of $98.78 and a 200 day moving average of $100.34. The company has a market capitalization of $4.04 billion, a PE ratio of 35.41 and a beta of 0.96.

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).