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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the target of unusually large options trading activity on Tuesday. Investors purchased 57,889 put options on the company. This represents an increase of 174% compared to the typical daily volume of 21,152 put options.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. JFS Wealth Advisors LLC boosted its position in shares of iShares U.S. Real Estate ETF by 0.4% during the 2nd quarter. JFS Wealth Advisors LLC now owns 30,063 shares of the real estate investment trust’s stock worth $2,638,000 after purchasing an additional 117 shares in the last quarter. Aspiriant LLC boosted its position in shares of iShares U.S. Real Estate ETF by 1.3% during the 1st quarter. Aspiriant LLC now owns 10,036 shares of the real estate investment trust’s stock worth $902,000 after purchasing an additional 126 shares in the last quarter. Tower Wealth Partners Inc. boosted its position in shares of iShares U.S. Real Estate ETF by 3.6% during the 2nd quarter. Tower Wealth Partners Inc. now owns 3,894 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 135 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of iShares U.S. Real Estate ETF by 1.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 8,594 shares of the real estate investment trust’s stock worth $754,000 after purchasing an additional 144 shares in the last quarter. Finally, Gray Private Wealth LLC boosted its position in shares of iShares U.S. Real Estate ETF by 0.9% during the 3rd quarter. Gray Private Wealth LLC now owns 17,612 shares of the real estate investment trust’s stock worth $1,794,000 after purchasing an additional 154 shares in the last quarter.

iShares U.S. Real Estate ETF Price Performance

NYSEARCA:IYR opened at $100.01 on Wednesday. The firm’s fifty day moving average price is $100.04 and its 200 day moving average price is $92.19. iShares U.S. Real Estate ETF has a 1-year low of $72.88 and a 1-year high of $104.04. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98.

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).