Options Trading Activity and Institutional Holdings of iShares U.S. Real Estate ETF (NYSEARCA:IYR)
The iShares U.S. Real Estate ETF (NYSEARCA:IYR) experienced a surge in options trading activity on Friday, with stock traders purchasing 25,120 put options on the company. This marked a 40% increase compared to the average volume of put options.
Institutional investors, including hedge funds and other major players, have also been making significant moves with their positions in the company. For example, Morgan Stanley increased its holdings in iShares U.S. Real Estate ETF by 28.4% during the third quarter, while Cibc World Markets Corp saw a staggering 132,707.9% increase in its position in the fourth quarter.
The stock performance of iShares U.S. Real Estate ETF has been steady, with shares opening at $86.24 on Friday. The company has a market cap of $3.76 billion, a PE ratio of 25.26, and a beta of 0.99.
iShares U.S. Real Estate ETF, formerly known as iShares Dow Jones U.S. Real Estate Index Fund, aims to track the price and yield performance of the Dow Jones U.S. Real Estate Index. This 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).
Overall, the iShares U.S. Real Estate ETF has been garnering attention from both individual stock traders and institutional investors, making it a stock to watch in the real estate sector.