iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 12-Month High at $55.49

iShares Core U.S. REIT ETF (NYSEARCA:USRT) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $55.49 and last traded at $55.26, with a volume of 68811 shares trading hands. The stock had previously closed at $54.02.

iShares Core U.S. REIT ETF Stock Performance

The firm has a fifty day moving average price of $52.52 and a 200 day moving average price of $52.58. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Hedge funds have recently bought and sold shares of the company. Fortitude Family Office LLC purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $27,000. Atwood & Palmer Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $27,000. Smithfield Trust Co acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at $28,000. Heritage Wealth Advisors acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at $31,000. Finally, Blue Trust Inc. acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at $35,000.

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.