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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the recipient of unusually large options trading on Friday. Stock investors acquired 82,630 put options on the company. This is an increase of approximately 274% compared to the typical daily volume of 22,091 put options.

iShares U.S. Real Estate ETF Price Performance

IYR stock opened at $93.43 on Friday. The company has a 50-day moving average of $97.60 and a two-hundred day moving average of $96.65. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. iShares U.S. Real Estate ETF has a 52-week low of $81.25 and a 52-week high of $104.04.

Institutional Investors Weigh In On iShares U.S. Real Estate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IYR. Barclays PLC boosted its position in shares of iShares U.S. Real Estate ETF by 5,921.5% during the third quarter. Barclays PLC now owns 9,995,406 shares of the real estate investment trust’s stock valued at $1,018,232,000 after buying an additional 9,829,412 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Real Estate ETF by 140.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 413,325 shares of the real estate investment trust’s stock worth $42,106,000 after acquiring an additional 241,586 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth $17,701,000. Point72 Asset Management L.P. bought a new stake in shares of iShares U.S. Real Estate ETF in the 3rd quarter worth $14,771,000. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of iShares U.S. Real Estate ETF by 177.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 157,372 shares of the real estate investment trust’s stock valued at $15,881,000 after purchasing an additional 100,711 shares during the last quarter.

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).