iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Stock Short Interest Report for October

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 25,025 shares, a decrease of 45.8% from the September 30th total of 46,188 shares. Based on an average trading volume of 171,740 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

Hedge funds have recently made changes to their positions in the company. Franklin Parlapiano Turner & Welch LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the third quarter worth approximately $41,397,000. Cornerstone Planning Group LLC grew its holdings in iShares Residential and Multisector Real Estate ETF by 15.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 200,966 shares of the company’s stock worth $18,057,000 after acquiring an additional 26,185 shares in the last quarter. Kendall Capital Management bought a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 3rd quarter worth about $1,373,000. Burns Matteson Capital Management LLC bought a new position in shares of iShares Residential and Multisector Real Estate ETF during the third quarter worth about $1,285,000. Finally, Congress Asset Management Co. bought a new position in shares of iShares Residential and Multisector Real Estate ETF during the third quarter worth about $1,204,000.

iShares Residential and Multisector Real Estate ETF Stock Performance

REZ traded up $1.55 on Monday, hitting $92.46. 88,189 shares of the company were exchanged, compared to its average volume of 62,811. The business’s fifty day moving average is $90.87 and its 200 day moving average is $90.32. iShares Residential and Multisector Real Estate ETF has a fifty-two week low of $80.97 and a fifty-two week high of $100.43. The firm has a market capitalization of $799.78 million, a P/E ratio of 43.88 and a beta of 0.82.

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.