iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ – Get Free Report) shares saw unusually-strong trading volume on Monday. 43,483 shares traded hands during mid-day trading, a decline of 24% from the previous session’s volume of 57,188 shares. The stock last traded at $88.3040 and had previously closed at $87.84.
iShares Residential and Multisector Real Estate ETF Stock Down 0.0%
The stock has a market capitalization of $786.67 million, a PE ratio of 43.88 and a beta of 0.82. The firm’s fifty day moving average is $92.14 and its 200-day moving average is $91.70.
Institutional Trading of iShares Residential and Multisector Real Estate ETF
Institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC lifted its stake in shares of iShares Residential and Multisector Real Estate ETF by 15.0% in the first quarter. Cornerstone Planning Group LLC now owns 200,966 shares of the company’s stock valued at $18,057,000 after purchasing an additional 26,185 shares during the period. CX Institutional purchased a new stake in iShares Residential and Multisector Real Estate ETF during the third quarter worth about $1,110,000. Farther Finance Advisors LLC acquired a new position in iShares Residential and Multisector Real Estate ETF during the third quarter worth about $511,000. Congress Asset Management Co. acquired a new position in iShares Residential and Multisector Real Estate ETF during the third quarter worth about $1,204,000. Finally, RVW Wealth LLC acquired a new position in iShares Residential and Multisector Real Estate ETF during the third quarter worth about $285,000.
iShares Residential and Multisector Real Estate ETF Company Profile
The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.
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