Traders Buy High 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 on Monday. Stock investors bought 25,944 put options on the company. This represents an increase of 302% compared to the typical volume of 6,451 put options.

iShares U.S. Real Estate ETF Stock Up 1.2%

iShares U.S. Real Estate ETF stock traded up $1.24 during mid-day trading on Monday, reaching $100.90. The company had a trading volume of 6,645,519 shares, compared to its average volume of 6,411,104. The company has a 50 day moving average of $98.85 and a 200-day moving average of $100.31. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 35.41 and a beta of 0.96. iShares U.S. Real Estate ETF has a 52 week low of $92.45 and a 52 week high of $108.17.

Hedge Funds Weigh In On iShares U.S. Real Estate ETF

Several large investors have recently added to or reduced their stakes in IYR. Commonwealth Equity Services LLC acquired a new stake in iShares U.S. Real Estate ETF during the third quarter worth $10,796,000. Chicago Partners Investment Group LLC bought a new position in iShares U.S. Real Estate ETF during the 3rd quarter valued at about $211,000. Jmac Enterprises LLC lifted its holdings in iShares U.S. Real Estate ETF by 3.4% during the 3rd quarter. Jmac Enterprises LLC now owns 33,232 shares of the real estate investment trust’s stock valued at $3,158,000 after purchasing an additional 1,108 shares during the last quarter. Garde Capital Inc. acquired a new position in iShares U.S. Real Estate ETF in the third quarter valued at about $1,803,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares U.S. Real Estate ETF in the third quarter valued at about $2,013,000. Institutional investors and hedge funds own 98.41% of the company’s stock.

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).