Helen Stephens Group LLC Reduces Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Helen Stephens Group LLC lessened its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 5.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,428 shares of the company’s stock after selling 669 shares during the quarter. Helen Stephens Group LLC’s holdings in iShares Core U.S. REIT ETF were worth $655,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in iShares Core U.S. REIT ETF by 1.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 299,373 shares of the company’s stock valued at $18,432,000 after purchasing an additional 3,059 shares during the period. State Street Corp raised its holdings in shares of iShares Core U.S. REIT ETF by 27.7% in the 3rd quarter. State Street Corp now owns 41,900 shares of the company’s stock valued at $2,580,000 after acquiring an additional 9,100 shares in the last quarter. Biltmore Wealth Management LLC grew its holdings in shares of iShares Core U.S. REIT ETF by 24.7% during the third quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock worth $11,918,000 after purchasing an additional 38,296 shares in the last quarter. FMR LLC increased its position in shares of iShares Core U.S. REIT ETF by 250.3% in the third quarter. FMR LLC now owns 5,549 shares of the company’s stock worth $342,000 after purchasing an additional 3,965 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in iShares Core U.S. REIT ETF during the third quarter valued at approximately $1,852,000.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $57.20 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22. The stock has a market cap of $2.49 billion, a P/E ratio of 26.47 and a beta of 0.97. The firm’s fifty day moving average price is $58.98 and its 200-day moving average price is $59.05.

About iShares Core U.S. REIT ETF

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.