iShares U.S. Real Estate ETF Sees Unusually Large Options Volume (NYSEARCA:IYR)

iShares U.S. Real Estate ETF (NYSEARCA:IYR) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 69,544 put options on the company. This is an increase of 196% compared to the typical volume of 23,520 put options.

iShares U.S. Real Estate ETF Stock Performance

NYSEARCA IYR traded down $1.53 on Wednesday, reaching $94.13. 2,176,121 shares of the stock traded hands, compared to its average volume of 5,639,385. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 26.05 and a beta of 0.98. The company has a fifty day moving average price of $96.09 and a 200-day moving average price of $97.16. iShares U.S. Real Estate ETF has a 12 month low of $81.25 and a 12 month high of $104.04.

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

Several institutional investors have recently added to or reduced their stakes in IYR. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Real Estate ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 132,819 shares of the real estate investment trust’s stock worth $11,654,000 after purchasing an additional 4,695 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares U.S. Real Estate ETF by 70.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 12,319 shares of the real estate investment trust’s stock worth $1,081,000 after purchasing an additional 5,087 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of iShares U.S. Real Estate ETF by 1.7% during the second quarter. Thrivent Financial for Lutherans now owns 8,594 shares of the real estate investment trust’s stock worth $754,000 after purchasing an additional 144 shares during the period. Toronto Dominion Bank purchased a new position in iShares U.S. Real Estate ETF during the second quarter valued at approximately $88,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in iShares U.S. Real Estate ETF by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 189,112 shares of the real estate investment trust’s stock valued at $16,593,000 after acquiring an additional 8,626 shares in the last quarter.

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).