Telos Capital Management Inc. Purchases New Shares in iShares Core U.S. REIT ETF $USRT

Telos Capital Management Inc. purchased a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,592 shares of the company’s stock, valued at approximately $960,000.

Several other hedge funds have also recently modified their holdings of the stock. Beam Wealth Advisors Inc. grew its position in iShares Core U.S. REIT ETF by 1.6% in the 1st quarter. Beam Wealth Advisors Inc. now owns 10,400 shares of the company’s stock valued at $616,000 after buying an additional 160 shares during the last quarter. HB Wealth Management LLC raised its stake in shares of iShares Core U.S. REIT ETF by 1.7% during the 2nd quarter. HB Wealth Management LLC now owns 9,985 shares of the company’s stock worth $664,000 after buying an additional 171 shares during the last quarter. Insight Advisors LLC PA lifted its holdings in shares of iShares Core U.S. REIT ETF by 1.7% in the first quarter. Insight Advisors LLC PA now owns 11,050 shares of the company’s stock valued at $654,000 after purchasing an additional 184 shares in the last quarter. HORAN Wealth LLC lifted its stake in iShares Core U.S. REIT ETF by 5.0% in the 2nd quarter. HORAN Wealth LLC now owns 4,094 shares of the company’s stock valued at $272,000 after buying an additional 195 shares in the last quarter. Finally, Waverly Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 0.3% during the second quarter. Waverly Advisors LLC now owns 63,069 shares of the company’s stock valued at $4,191,000 after acquiring an additional 217 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

iShares Core U.S. REIT ETF stock opened at $65.27 on Friday. The stock has a market capitalization of $4.39 billion, a P/E ratio of 35.32 and a beta of 0.94. 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 is $63.30 and its two-hundred day moving average is $63.81.

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.