iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) Reaches New 12-Month High at $91.64

Shares of iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ) reached a new 52-week high on Monday . The stock traded as high as $91.64 and last traded at $91.03, with a volume of 10704 shares changing hands. The stock had previously closed at $91.19.

iShares Residential and Multisector Real Estate ETF Trading Down 0.9 %

The firm has a market capitalization of $775.72 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The stock has a fifty day moving average price of $83.29 and a 200-day moving average price of $76.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Arkansas Financial Group Inc. lifted its holdings in iShares Residential and Multisector Real Estate ETF by 1.0% during the 1st 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 during the last quarter. Fairscale Capital LLC bought a new stake in iShares Residential and Multisector Real Estate ETF during the 2nd quarter worth approximately $27,000. Lynx Investment Advisory bought a new stake in iShares Residential and Multisector Real Estate ETF during the 2nd quarter worth approximately $56,000. Partners Capital Investment Group LLP increased its holdings in 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 valued at $4,263,000 after purchasing an additional 1,166 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new position in iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at $225,000.

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.