iShares US Real Estate ETF (NYSE:IYR) was the target of some unusual options trading activity on Friday. Stock traders purchased 10,979 call options on the stock. This is an increase of approximately 156% compared to the typical volume of 4,291 call options.

Shares of iShares US Real Estate ETF (IYR) opened at 80.50 on Monday. The company has a 50 day moving average of $80.26 and a 200 day moving average of $79.04. iShares US Real Estate ETF has a 1-year low of $72.11 and a 1-year high of $84.73.

Several hedge funds have recently bought and sold shares of IYR. Aveo Capital Partners LLC boosted its stake in iShares US Real Estate ETF by 0.7% in the second quarter. Aveo Capital Partners LLC now owns 8,035 shares of the real estate investment trust’s stock worth $641,000 after buying an additional 55 shares in the last quarter. Garde Capital Inc. raised its position in iShares US Real Estate ETF by 0.4% in the second quarter. Garde Capital Inc. now owns 25,311 shares of the real estate investment trust’s stock worth $2,019,000 after buying an additional 101 shares in the last quarter. Ronald Blue & Co. LLC raised its position in iShares US Real Estate ETF by 4.6% in the second quarter. Ronald Blue & Co. LLC now owns 5,503 shares of the real estate investment trust’s stock worth $439,000 after buying an additional 241 shares in the last quarter. Dumont & Blake Investment Advisors LLC raised its position in iShares US Real Estate ETF by 2.7% in the second quarter. Dumont & Blake Investment Advisors LLC now owns 11,546 shares of the real estate investment trust’s stock worth $921,000 after buying an additional 300 shares in the last quarter. Finally, Comerica Bank raised its position in iShares US Real Estate ETF by 2.0% in the second quarter. Comerica Bank now owns 27,435 shares of the real estate investment trust’s stock worth $2,201,000 after buying an additional 548 shares in the last quarter.

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About iShares US 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).

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