iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Hits New 52-Week High at $91.64

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) reached a new 52-week high on Monday . The stock traded as high as $91.64 and last traded at $91.03, with a volume of 10704 shares. The stock had previously closed at $91.19.

iShares Residential and Multisector Real Estate ETF Stock Performance

The stock has a market cap of $782.00 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The stock has a fifty day simple moving average of $83.01 and a two-hundred day simple moving average of $76.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fairscale Capital LLC acquired a new stake in iShares Residential and Multisector Real Estate ETF in the second quarter valued at approximately $27,000. Lynx Investment Advisory bought a new position in shares of iShares Residential and Multisector Real Estate ETF in the 2nd quarter valued at $56,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 4th quarter valued at $225,000. ARK & TLK Investments LLC bought a new stake in iShares Residential and Multisector Real Estate ETF during the 4th quarter worth $250,000. Finally, Burns Matteson Capital Management LLC bought a new position in iShares Residential and Multisector Real Estate ETF in the first quarter valued at about $745,000.

About iShares Residential and Multisector Real Estate ETF

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.