iShares Residential and Multisector Real Estate ETF (NYSEARCA:REZ – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $78.57 and last traded at $78.57, with a volume of 5131 shares. The stock had previously closed at $76.95.
iShares Residential and Multisector Real Estate ETF Price Performance
The firm has a market cap of $674.69 million, a price-to-earnings ratio of 25.27 and a beta of 0.87. The stock has a 50-day moving average of $75.19 and a 200-day moving average of $72.23.
Institutional Investors Weigh In On iShares Residential and Multisector Real Estate ETF
A number of large investors have recently added to or reduced their stakes in the stock. Lynx Investment Advisory acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 2nd quarter valued at $56,000. Jones Financial Companies Lllp acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at $225,000. ARK & TLK Investments LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 4th quarter valued at $250,000. Burns Matteson Capital Management LLC acquired a new stake in shares of iShares Residential and Multisector Real Estate ETF in the 1st quarter valued at $745,000. Finally, Arkansas Financial Group Inc. boosted its holdings in shares of iShares Residential and Multisector Real Estate ETF by 2.7% in the 4th quarter. Arkansas Financial Group Inc. now owns 22,277 shares of the company’s stock valued at $1,638,000 after purchasing an additional 593 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.
Further Reading
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