Investors Buy Large Volume of iShares U.S. Real Estate ETF Put Options (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading activity on Monday. Investors bought 31,801 put options on the company. This is an increase of approximately 40% compared to the typical daily volume of 22,761 put options.

iShares U.S. Real Estate ETF Stock Performance

IYR traded down $1.72 during trading on Monday, reaching $83.08. 6,375,789 shares of the stock were exchanged, compared to its average volume of 6,730,522. The stock has a market cap of $3.99 billion, a P/E ratio of 26.96 and a beta of 0.97. iShares U.S. Real Estate ETF has a twelve month low of $72.88 and a twelve month high of $92.85. The stock’s 50 day moving average price is $87.93 and its two-hundred day moving average price is $85.28.

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

Several institutional investors and hedge funds have recently modified their holdings of IYR. Cibc World Markets Corp increased its holdings in shares of iShares U.S. Real Estate ETF by 132,707.9% in the fourth quarter. Cibc World Markets Corp now owns 4,648,278 shares of the real estate investment trust’s stock valued at $424,899,000 after purchasing an additional 4,644,778 shares during the last quarter. Citigroup Inc. grew its stake in shares of iShares U.S. Real Estate ETF by 592.7% in the third quarter. Citigroup Inc. now owns 1,034,769 shares of the real estate investment trust’s stock valued at $80,857,000 after acquiring an additional 1,244,785 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of iShares U.S. Real Estate ETF by 1,830.7% in the fourth quarter. Schroder Investment Management Group now owns 1,224,326 shares of the real estate investment trust’s stock valued at $111,916,000 after acquiring an additional 1,160,912 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares U.S. Real Estate ETF by 28.4% in the third quarter. Morgan Stanley now owns 4,674,805 shares of the real estate investment trust’s stock valued at $365,289,000 after acquiring an additional 1,033,819 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new position in shares of iShares U.S. Real Estate ETF in the first quarter valued at about $50,091,000.

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).