iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Sees Large Volume Increase

iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) shares saw unusually-strong trading volume on Thursday . Approximately 48,227 shares traded hands during mid-day trading, a decline of 2% from the previous session’s volume of 49,385 shares.The stock last traded at $86.05 and had previously closed at $86.52.

iShares Residential and Multisector Real Estate ETF Stock Down 0.3 %

The company has a 50 day moving average of $80.21 and a two-hundred day moving average of $74.69. The firm has a market cap of $742.18 million, a P/E ratio of 25.27 and a beta of 0.87.

Institutional Trading of iShares Residential and Multisector Real Estate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in REZ. Lynx Investment Advisory acquired a new position in shares of iShares Residential and Multisector Real Estate ETF in the 2nd quarter valued at $56,000. Arkansas Financial Group Inc. grew its stake in iShares Residential and Multisector Real Estate ETF by 1.0% in the first quarter. Arkansas Financial Group Inc. now owns 22,510 shares of the company’s stock valued at $1,622,000 after purchasing an additional 233 shares in the last quarter. Van ECK Associates Corp acquired a new position in iShares Residential and Multisector Real Estate ETF in the 1st quarter worth about $2,417,000. ARK & TLK Investments LLC acquired a new position in iShares Residential and Multisector Real Estate ETF in the 4th quarter worth about $250,000. Finally, Partners Capital Investment Group LLP raised its stake in shares of iShares Residential and Multisector Real Estate ETF by 2.1% during the 4th quarter. Partners Capital Investment Group LLP now owns 57,980 shares of the company’s stock worth $4,263,000 after purchasing an additional 1,166 shares in the last quarter.

iShares Residential and Multisector Real Estate ETF Company Profile

The iShares Residential and Multisector Real Estate ETF (REZ) is an exchange-traded fund that is based on the FTSE Nareit All Residential Capped index. The fund tracks a market cap-weighted index of US residential, health care, and specialized REITs. REZ was launched on May 1, 2007 and is managed by BlackRock.