“Analysis of Options Trading Activity for iShares U.S. Real Estate ETF (NYSEARCA: IYR)”
iShares U.S. Real Estate ETF (NYSEARCA:IYR) experienced a surge in options trading activity on Monday, with stock investors acquiring 31,801 put options on the company. This marked a 40% increase from the typical daily volume of 22,761 put options.
Institutional investors and hedge funds have also been making changes to their positions in IYR. Morgan Stanley, for example, increased its stake in the real estate investment trust by 28.4% during the 3rd quarter. Other firms such as Cibc World Markets Corp, WealthNavi Inc., Bank of America Corp DE, and Schroder Investment Management Group have also seen increases in their positions in iShares U.S. Real Estate ETF.
Despite the heightened trading activity, iShares U.S. Real Estate ETF saw its stock decline by 1.6% on Tuesday, opening at $83.42. The company has a market capitalization of $4.01 billion and a P/E ratio of 26.96.
iShares U.S. Real Estate ETF, formerly known as iShares Dow Jones U.S. Real Estate Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones U.S. Real Estate Index. The Index measures the performance of the real estate sector of the United States equity market, including companies in real estate holding and development and real estate investment trusts (REITs).
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