iShares Core U.S. REIT ETF (NYSEARCA:USRT) Stake Lessened by RDA Financial Network

RDA Financial Network lowered its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 6.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,955 shares of the company’s stock after selling 638 shares during the period. RDA Financial Network’s holdings in iShares Core U.S. REIT ETF were worth $573,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of USRT. US Bancorp DE increased its stake in shares of iShares Core U.S. REIT ETF by 3.3% in the fourth quarter. US Bancorp DE now owns 2,775,610 shares of the company’s stock worth $159,070,000 after acquiring an additional 87,662 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares Core U.S. REIT ETF by 382.3% in the fourth quarter. Bank of America Corp DE now owns 984,463 shares of the company’s stock worth $56,420,000 after acquiring an additional 780,348 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares Core U.S. REIT ETF by 256.5% in the fourth quarter. LPL Financial LLC now owns 781,468 shares of the company’s stock worth $44,786,000 after acquiring an additional 562,265 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares Core U.S. REIT ETF by 2.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 523,599 shares of the company’s stock worth $30,007,000 after acquiring an additional 10,654 shares during the last quarter. Finally, Mission Wealth Management LP increased its stake in shares of iShares Core U.S. REIT ETF by 0.7% in the fourth quarter. Mission Wealth Management LP now owns 505,944 shares of the company’s stock worth $28,996,000 after acquiring an additional 3,580 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Up 0.9%

NYSEARCA USRT opened at $57.51 on Friday. iShares Core U.S. REIT ETF has a 1-year low of $48.47 and a 1-year high of $63.22. The company has a market capitalization of $2.97 billion, a PE ratio of 32.46 and a beta of 1.03. The firm’s fifty day simple moving average is $55.53 and its 200-day simple moving average is $57.42.

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.