Rialto Wealth Management LLC Invests $3.44 Million in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Rialto Wealth Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 60,049 shares of the company’s stock, valued at approximately $3,441,000. iShares Core U.S. REIT ETF makes up approximately 1.1% of Rialto Wealth Management LLC’s holdings, making the stock its 22nd biggest position. Rialto Wealth Management LLC owned 0.14% of iShares Core U.S. REIT ETF at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in USRT. Kestra Investment Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the third quarter valued at about $33,794,000. Raymond James Financial Inc. bought a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at about $9,910,000. Apollon Wealth Management LLC increased its position in shares of iShares Core U.S. REIT ETF by 708.0% during the 4th quarter. Apollon Wealth Management LLC now owns 121,427 shares of the company’s stock valued at $6,959,000 after purchasing an additional 106,398 shares during the last quarter. Executive Wealth Management LLC purchased a new position in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at about $5,773,000. Finally, Captrust Financial Advisors lifted its position in iShares Core U.S. REIT ETF by 1,030.0% in the 3rd quarter. Captrust Financial Advisors now owns 98,895 shares of the company’s stock worth $6,089,000 after buying an additional 90,143 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT opened at $58.80 on Friday. iShares Core U.S. REIT ETF has a 1 year low of $49.12 and a 1 year high of $63.22. The stock has a 50 day simple moving average of $58.01 and a two-hundred day simple moving average of $59.63. The firm has a market cap of $2.85 billion, a P/E ratio of 33.02 and a beta of 1.09.

iShares Core U.S. REIT ETF 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.