iShares U.S. Real Estate ETF Target of Unusually Large Options Trading (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading on Monday. Investors bought 52,368 put options on the company. This is an increase of 659% compared to the typical volume of 6,898 put options.

iShares U.S. Real Estate ETF Stock Up 0.2%

NYSEARCA IYR traded up $0.18 on Monday, hitting $95.14. 4,277,590 shares of the stock were exchanged, compared to its average volume of 5,219,133. iShares U.S. Real Estate ETF has a fifty-two week low of $81.53 and a fifty-two week high of $104.04. The company has a 50-day moving average price of $92.45 and a 200-day moving average price of $94.58. The company has a market cap of $3.37 billion, a PE ratio of 31.45 and a beta of 1.02.

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

Institutional investors and hedge funds have recently modified their holdings of the company. WealthNavi Inc. raised its stake in iShares U.S. Real Estate ETF by 5.4% in the first quarter. WealthNavi Inc. now owns 4,696,857 shares of the real estate investment trust’s stock valued at $449,724,000 after buying an additional 240,853 shares in the last quarter. Cibc World Markets Corp increased its holdings in shares of iShares U.S. Real Estate ETF by 10.6% in the 4th quarter. Cibc World Markets Corp now owns 4,012,646 shares of the real estate investment trust’s stock valued at $373,417,000 after acquiring an additional 382,943 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares U.S. Real Estate ETF by 22.7% in the 4th quarter. Bank of America Corp DE now owns 3,915,143 shares of the real estate investment trust’s stock valued at $364,343,000 after acquiring an additional 723,153 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co raised its position in shares of iShares U.S. Real Estate ETF by 9.5% during the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 1,047,977 shares of the real estate investment trust’s stock worth $100,344,000 after acquiring an additional 90,800 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in iShares U.S. Real Estate ETF by 43,235.4% during the first quarter. Jones Financial Companies Lllp now owns 913,511 shares of the real estate investment trust’s stock worth $95,014,000 after purchasing an additional 911,403 shares during the last quarter.

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).