iShares US Real Estate ETF (NYSEARCA:IYR – Get Rating) was the recipient of some unusual options trading activity on Thursday. Investors bought 51,703 put options on the stock. This is an increase of 67% compared to the average daily volume of 30,905 put options.
iShares US Real Estate ETF Price Performance
IYR opened at $90.51 on Friday. iShares US Real Estate ETF has a 12-month low of $75.66 and a 12-month high of $113.13. The firm has a 50 day moving average of $86.08 and a two-hundred day moving average of $89.28.
Hedge Funds Weigh In On iShares US Real Estate ETF
Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in iShares US Real Estate ETF by 46.4% during the 1st quarter. Bank of America Corp DE now owns 2,893,324 shares of the real estate investment trust’s stock worth $313,116,000 after purchasing an additional 917,207 shares during the last quarter. WealthNavi Inc. increased its stake in iShares US Real Estate ETF by 6.5% in the third quarter. WealthNavi Inc. now owns 2,786,374 shares of the real estate investment trust’s stock valued at $226,867,000 after purchasing an additional 170,883 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares US Real Estate ETF by 77.8% in the second quarter. JPMorgan Chase & Co. now owns 533,278 shares of the real estate investment trust’s stock valued at $49,050,000 after purchasing an additional 233,391 shares during the last quarter. Iyo Bank Ltd. increased its stake in iShares US Real Estate ETF by 53.3% in the second quarter. Iyo Bank Ltd. now owns 516,787 shares of the real estate investment trust’s stock valued at $47,534,000 after purchasing an additional 179,787 shares during the last quarter. Finally, Credit Suisse AG grew its position in shares of iShares US Real Estate ETF by 52.2% during the second quarter. Credit Suisse AG now owns 434,195 shares of the real estate investment trust’s stock worth $39,937,000 after acquiring an additional 149,004 shares during the last quarter.
About iShares US Real Estate ETF
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iShares US Real Estate ETF, formerly iShares Dow Jones US 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 US 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).
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