iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ – Get Free Report) saw an uptick in trading volume on Monday. 43,483 shares were traded during mid-day trading, a decline of 24% from the previous session’s volume of 57,188 shares. The stock last traded at $88.3040 and had previously closed at $87.84.
iShares Residential and Multisector Real Estate ETF Stock Up 0.3%
The company has a market capitalization of $784.27 million, a P/E ratio of 43.88 and a beta of 0.82. The company has a 50-day moving average of $92.44 and a two-hundred day moving average of $91.63.
Hedge Funds Weigh In On iShares Residential and Multisector Real Estate ETF
A number of institutional investors have recently added to or reduced their stakes in REZ. Monetary Solutions Ltd purchased a new position in iShares Residential and Multisector Real Estate ETF during the fourth quarter valued at $26,000. Main Street Group LTD bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 1st quarter valued at $85,000. RVW Wealth LLC bought a new stake in shares of iShares Residential and Multisector Real Estate ETF during the 3rd quarter valued at $285,000. Farther Finance Advisors LLC purchased a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 3rd quarter worth about $511,000. Finally, CX Institutional purchased a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 3rd quarter worth about $1,110,000.
About iShares Residential and Multisector Real Estate ETF
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.
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