Naviter Wealth LLC Grows Position in iShares Core U.S. REIT ETF $USRT

Naviter Wealth LLC grew its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 32.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,373 shares of the company’s stock after purchasing an additional 9,927 shares during the quarter. Naviter Wealth LLC’s holdings in iShares Core U.S. REIT ETF were worth $2,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of USRT. Root Financial Partners LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter valued at approximately $29,000. CX Institutional raised its holdings in iShares Core U.S. REIT ETF by 81.0% during the 3rd quarter. CX Institutional now owns 608 shares of the company’s stock valued at $36,000 after acquiring an additional 272 shares during the period. Harbour Investments Inc. boosted its holdings in shares of iShares Core U.S. REIT ETF by 150.8% in the second quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $46,000 after acquiring an additional 493 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the third quarter valued at $97,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of iShares Core U.S. REIT ETF by 1,075.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,916 shares of the company’s stock valued at $108,000 after purchasing an additional 1,753 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT opened at $62.29 on Friday. iShares Core U.S. REIT ETF has a 52-week low of $48.47 and a 52-week high of $62.83. The stock’s 50-day simple moving average is $58.23 and its 200 day simple moving average is $58.01. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 35.32 and a beta of 1.02.

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.