LPL Financial LLC Has $44.79 Million Stock Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

LPL Financial LLC increased its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 256.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 781,468 shares of the company’s stock after acquiring an additional 562,265 shares during the quarter. LPL Financial LLC owned about 1.79% of iShares Core U.S. REIT ETF worth $44,786,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth about $25,000. Tidemark LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth approximately $28,000. IFP Advisors Inc acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at approximately $29,000. Beacon Capital Management LLC bought a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at approximately $32,000. Finally, Synergy Investment Management LLC acquired a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth $42,000.

iShares Core U.S. REIT ETF Stock Down 0.6 %

USRT stock opened at $57.04 on Friday. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The company has a market cap of $2.80 billion, a P/E ratio of 32.68 and a beta of 1.10. The business’s fifty day moving average is $58.23 and its 200-day moving average is $59.37.

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.