iShares U.S. Real Estate ETF (NYSEARCA:IYR) Stock Sees Heavy Put Option Buying

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw some unusual options trading on Wednesday. Traders acquired 18,511 put options on the stock. This is an increase of approximately 204% compared to the average volume of 6,089 put options.

iShares U.S. Real Estate ETF Stock Performance

IYR stock traded down $1.00 on Wednesday, reaching $94.26. The company had a trading volume of 1,746,469 shares, compared to its average volume of 6,430,993. The company’s fifty day moving average is $101.48 and its 200 day moving average is $101.39. The company has a market cap of $4.13 billion, a P/E ratio of 35.41 and a beta of 0.96. iShares U.S. Real Estate ETF has a 1 year low of $92.45 and a 1 year high of $108.17.

Institutional Trading of iShares U.S. Real Estate ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Legacy Private Trust Co. bought a new position in iShares U.S. Real Estate ETF during the 3rd quarter worth $1,719,000. Rockland Trust Co. bought a new stake in iShares U.S. Real Estate ETF in the third quarter valued at $278,000. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Real Estate ETF by 2.2% in the second quarter. Envestnet Asset Management Inc. now owns 139,576 shares of the real estate investment trust’s stock valued at $14,272,000 after buying an additional 2,946 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares U.S. Real Estate ETF by 65.0% during the second quarter. NewEdge Advisors LLC now owns 5,291 shares of the real estate investment trust’s stock valued at $541,000 after acquiring an additional 2,084 shares during the period. Finally, IFP Advisors Inc grew its position in shares of iShares U.S. Real Estate ETF by 17.4% during the second quarter. IFP Advisors Inc now owns 1,800 shares of the real estate investment trust’s stock worth $184,000 after acquiring an additional 267 shares during the last quarter. 98.41% of the stock is owned by institutional investors and hedge funds.

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).