iShares U.S. Real Estate ETF Sees Unusually Large Options Volume (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading on Wednesday. Traders purchased 69,544 put options on the stock. This represents an increase of approximately 196% compared to the typical daily volume of 23,520 put options.

iShares U.S. Real Estate ETF Stock Performance

iShares U.S. Real Estate ETF stock traded down $1.53 during midday trading on Wednesday, reaching $94.13. The stock had a trading volume of 2,176,121 shares, compared to its average volume of 5,639,385. iShares U.S. Real Estate ETF has a twelve month low of $81.25 and a twelve month high of $104.04. The stock has a market capitalization of $3.18 billion, a PE ratio of 26.05 and a beta of 0.98. The stock’s 50-day simple moving average is $96.09 and its 200 day simple moving average is $97.16.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IYR. Barclays PLC lifted its stake in shares of iShares U.S. Real Estate ETF by 5,921.5% during the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock worth $1,018,232,000 after purchasing an additional 9,829,412 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Real Estate ETF by 140.7% during the third quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after acquiring an additional 241,586 shares during the last quarter. Passaic Partners LLC increased its position in shares of iShares U.S. Real Estate ETF by 43.9% during the third quarter. Passaic Partners LLC now owns 221,433 shares of the real estate investment trust’s stock worth $22,557,000 after acquiring an additional 67,553 shares during the last quarter. SG Americas Securities LLC increased its position in shares of iShares U.S. Real Estate ETF by 86.1% during the third quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock worth $21,285,000 after acquiring an additional 96,659 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Real Estate ETF by 4.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock valued at $16,593,000 after buying an additional 8,626 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).