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 activity on Friday. Stock investors bought 35,635 put options on the company. This represents an increase of approximately 51% compared to the average volume of 23,646 put options.

Institutional Trading of iShares U.S. Real Estate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Connable Office Inc. raised its position in shares of iShares U.S. Real Estate ETF by 8.9% in the 2nd quarter. Connable Office Inc. now owns 404,881 shares of the real estate investment trust’s stock worth $35,524,000 after acquiring an additional 33,203 shares in the last quarter. Passaic Partners LLC increased its holdings in iShares U.S. Real Estate ETF by 43.9% in the third quarter. Passaic Partners LLC now owns 221,433 shares of the real estate investment trust’s stock worth $22,557,000 after purchasing an additional 67,553 shares in the last quarter. SG Americas Securities LLC lifted its stake in iShares U.S. Real Estate ETF by 86.1% in the third quarter. SG Americas Securities LLC now owns 208,947 shares of the real estate investment trust’s stock valued at $21,285,000 after buying an additional 96,659 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares U.S. Real Estate ETF by 4.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock worth $16,593,000 after buying an additional 8,626 shares in the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in shares of iShares U.S. Real Estate ETF during the 3rd quarter worth approximately $17,701,000.

iShares U.S. Real Estate ETF Stock Up 0.2 %

IYR traded up $0.19 during midday trading on Friday, hitting $97.88. 2,967,597 shares of the company were exchanged, compared to its average volume of 5,806,963. The firm has a market capitalization of $3.30 billion, a P/E ratio of 26.05 and a beta of 0.98. The firm’s 50 day moving average price is $100.43 and its 200-day moving average price is $93.83. iShares U.S. Real Estate ETF has a 1-year low of $81.02 and a 1-year high of $104.04.

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).