iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw an uptick in trading volume on Wednesday . 83,332 shares were traded during trading, a decline of 65% from the previous session’s volume of 236,616 shares.The stock last traded at $53.52 and had previously closed at $53.41.

iShares Core U.S. REIT ETF Trading Up 0.2 %

The business has a 50 day moving average price of $52.14 and a 200-day moving average price of $52.58. The company has a market cap of $2.33 billion, a P/E ratio of 26.47 and a beta of 0.97.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of USRT. Fortitude Family Office LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the fourth quarter valued at $27,000. Smithfield Trust Co acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at about $28,000. Heritage Wealth Advisors bought a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at about $31,000. Blue Trust Inc. acquired a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth approximately $35,000. Finally, Cape Investment Advisory Inc. lifted its position in iShares Core U.S. REIT ETF by 77.0% during the fourth quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock worth $48,000 after acquiring an additional 388 shares during the last quarter.

iShares Core U.S. REIT ETF Company Profile

The iShares Core U.S. REIT ETF (USRT) is an exchange-traded fund that is based on the FTSE Nareit \u002F Equity REITs – INV index, a market-cap-weighted index of US-listed REITs USRT was launched on May 1, 2007 and is managed by BlackRock.