iShares US Real Estate ETF Target of Unusually High Options Trading (NYSEARCA:IYR)

iShares US Real Estate ETF (NYSEARCA:IYR) was the target of some unusual options trading activity on Monday. Traders purchased 44,026 put options on the stock. This represents an increase of 80% compared to the average daily volume of 24,458 put options.

NYSEARCA:IYR opened at $77.92 on Wednesday. iShares US Real Estate ETF has a fifty-two week low of $56.27 and a fifty-two week high of $100.75. The business has a 50 day moving average price of $77.64 and a 200-day moving average price of $83.47.

Several institutional investors have recently bought and sold shares of IYR. Mackenzie Financial Corp bought a new position in shares of iShares US Real Estate ETF during the first quarter valued at approximately $329,000. Principal Financial Group Inc. increased its position in iShares US Real Estate ETF by 211.2% during the 1st quarter. Principal Financial Group Inc. now owns 69,094 shares of the real estate investment trust’s stock valued at $4,807,000 after purchasing an additional 46,892 shares during the period. Baird Financial Group Inc. raised its holdings in iShares US Real Estate ETF by 73.9% in the 1st quarter. Baird Financial Group Inc. now owns 7,945 shares of the real estate investment trust’s stock worth $552,000 after purchasing an additional 3,376 shares in the last quarter. Advisor Group Holdings Inc. purchased a new stake in shares of iShares US Real Estate ETF in the 1st quarter worth about $6,907,000. Finally, BlackRock Inc. boosted its stake in shares of iShares US Real Estate ETF by 155.3% during the 1st quarter. BlackRock Inc. now owns 1,013,218 shares of the real estate investment trust’s stock valued at $70,489,000 after purchasing an additional 616,397 shares in the last quarter.

iShares US Real Estate ETF Company Profile

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).

Further Reading: Mutual Funds

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