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 activity on Friday. Traders acquired 82,630 put options on the stock. This is an increase of approximately 274% compared to the typical volume of 22,091 put options.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IYR. Wolverine Asset Management LLC bought a new position in shares of iShares U.S. Real Estate ETF during the 3rd quarter valued at about $30,000. Modus Advisors LLC bought a new stake in iShares U.S. Real Estate ETF during the fourth quarter worth approximately $28,000. Sachetta LLC acquired a new position in iShares U.S. Real Estate ETF in the second quarter worth approximately $31,000. AlphaMark Advisors LLC acquired a new position in iShares U.S. Real Estate ETF in the third quarter worth approximately $41,000. Finally, Transcendent Capital Group LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 159.4% in the third quarter. Transcendent Capital Group LLC now owns 402 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 247 shares in the last quarter.

iShares U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA:IYR traded up $0.99 during trading on Friday, reaching $93.28. The company had a trading volume of 1,783,768 shares, compared to its average volume of 5,276,288. The firm’s fifty day moving average is $97.74 and its 200 day moving average is $96.60. The firm has a market capitalization of $3.15 billion, a PE ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a twelve month low of $81.25 and a twelve month high of $104.04.

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).