iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Sets New 12-Month High at $91.64

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $91.64 and last traded at $91.03, with a volume of 10704 shares changing hands. The stock had previously closed at $91.19.

iShares Residential and Multisector Real Estate ETF Stock Performance

The company has a market capitalization of $782.00 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The business’s 50-day simple moving average is $83.01 and its 200-day simple moving average is $76.33.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Fairscale Capital LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 2nd quarter valued at approximately $27,000. Lynx Investment Advisory acquired a new stake in iShares Residential and Multisector Real Estate ETF in the second quarter worth $56,000. Jones Financial Companies Lllp bought a new position in shares of iShares Residential and Multisector Real Estate ETF during the fourth quarter worth $225,000. ARK & TLK Investments LLC acquired a new position in shares of iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at $250,000. Finally, Burns Matteson Capital Management LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 1st quarter valued at $745,000.

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.