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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) saw unusually large options trading on Wednesday. Investors bought 25,046 put options on the company. This is an increase of approximately 165% compared to the average daily volume of 9,449 put options.

iShares U.S. Real Estate ETF Trading Down 0.4%

Shares of iShares U.S. Real Estate ETF stock opened at $92.14 on Friday. The firm has a market capitalization of $3.18 billion, a P/E ratio of 31.19 and a beta of 1.02. The business has a fifty day simple moving average of $92.73 and a two-hundred day simple moving average of $94.99. iShares U.S. Real Estate ETF has a 12 month low of $81.53 and a 12 month high of $104.04.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Synergy Investment Management LLC bought a new position in shares of iShares U.S. Real Estate ETF during the fourth quarter valued at $27,000. Redwood Park Advisors LLC bought a new stake in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $36,000. Avior Wealth Management LLC grew its stake in shares of iShares U.S. Real Estate ETF by 146.0% during the 4th quarter. Avior Wealth Management LLC now owns 401 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 238 shares during the period. Wayfinding Financial LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 1st quarter valued at about $39,000. Finally, Wealthfront Advisers LLC purchased a new position in shares of iShares U.S. Real Estate ETF during the 4th quarter valued at about $42,000.

iShares U.S. Real Estate ETF Company Profile

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).