Weil Company Inc. Makes New Investment in iShares Core U.S. REIT ETF $USRT

Weil Company Inc. acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 46,266 shares of the company’s stock, valued at approximately $2,849,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth $982,000. Roble Belko & Company Inc raised its stake in iShares Core U.S. REIT ETF by 56.8% in the first quarter. Roble Belko & Company Inc now owns 52,109 shares of the company’s stock valued at $3,084,000 after purchasing an additional 18,876 shares in the last quarter. Cahill Financial Advisors Inc. raised its stake in iShares Core U.S. REIT ETF by 54.2% in the second quarter. Cahill Financial Advisors Inc. now owns 31,562 shares of the company’s stock valued at $2,097,000 after purchasing an additional 11,096 shares in the last quarter. Frontier Asset Management LLC bought a new stake in iShares Core U.S. REIT ETF during the first quarter worth about $1,653,000. Finally, Pure Financial Advisors LLC lifted its position in iShares Core U.S. REIT ETF by 4.0% during the fourth quarter. Pure Financial Advisors LLC now owns 245,340 shares of the company’s stock worth $13,975,000 after purchasing an additional 9,417 shares during the period.

iShares Core U.S. REIT ETF Stock Down 1.0%

Shares of iShares Core U.S. REIT ETF stock opened at $61.42 on Thursday. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 12-month low of $56.44 and a 12-month high of $70.09. The firm’s 50-day moving average price is $64.42 and its two-hundred day moving average price is $64.93.

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.