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

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the recipient of unusually large options trading on Thursday. Traders bought 23,417 put options on the company. This is an increase of 300% compared to the typical volume of 5,856 put options.

iShares U.S. Real Estate ETF Stock Up 0.7%

Shares of NYSEARCA:IYR traded up $0.68 during midday trading on Thursday, reaching $103.47. 2,474,323 shares of the company traded hands, compared to its average volume of 6,956,635. The firm’s fifty day moving average price is $102.35 and its two-hundred day moving average price is $99.10. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 35.41 and a beta of 0.97. iShares U.S. Real Estate ETF has a 12 month low of $92.45 and a 12 month high of $105.15.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Graybill Wealth Management LTD. boosted its position in shares of iShares U.S. Real Estate ETF by 2.1% in the fourth quarter. Graybill Wealth Management LTD. now owns 5,220 shares of the real estate investment trust’s stock valued at $490,000 after acquiring an additional 108 shares during the period. Moors & Cabot Inc. boosted its holdings in iShares U.S. Real Estate ETF by 1.3% in the 3rd quarter. Moors & Cabot Inc. now owns 8,398 shares of the real estate investment trust’s stock valued at $815,000 after purchasing an additional 108 shares during the period. Russell Investments Group Ltd. boosted its holdings in iShares U.S. Real Estate ETF by 15.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 870 shares of the real estate investment trust’s stock valued at $84,000 after purchasing an additional 115 shares during the period. Centaurus Financial Inc. grew its position in shares of iShares U.S. Real Estate ETF by 1.1% during the 3rd quarter. Centaurus Financial Inc. now owns 11,062 shares of the real estate investment trust’s stock valued at $1,074,000 after purchasing an additional 116 shares in the last quarter. Finally, Allie Family Office LLC increased its holdings in shares of iShares U.S. Real Estate ETF by 0.3% in the fourth quarter. Allie Family Office LLC now owns 50,499 shares of the real estate investment trust’s stock worth $4,738,000 after purchasing an additional 131 shares during the period. 98.41% of the stock is owned by hedge funds and other institutional investors.

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).