Stephens Inc. AR Sells 10,940 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Stephens Inc. AR decreased its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.4% during the third quarter, Holdings Channel reports. The firm owned 311,045 shares of the company’s stock after selling 10,940 shares during the quarter. Stephens Inc. AR’s holdings in iShares Core U.S. REIT ETF were worth $19,151,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in USRT. Trust Co of Tennessee bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at approximately $61,055,000. Prime Capital Investment Advisors LLC lifted its position in iShares Core U.S. REIT ETF by 8,376.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 388,390 shares of the company’s stock valued at $20,802,000 after purchasing an additional 383,808 shares during the period. Cannon Financial Strategists Inc. bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at approximately $9,422,000. Thrivent Financial for Lutherans lifted its position in iShares Core U.S. REIT ETF by 32.1% during the second quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after purchasing an additional 158,072 shares during the period. Finally, Osaic Holdings Inc. lifted its position in iShares Core U.S. REIT ETF by 75.0% during the first quarter. Osaic Holdings Inc. now owns 288,605 shares of the company’s stock valued at $15,527,000 after purchasing an additional 123,646 shares during the period.

iShares Core U.S. REIT ETF Stock Down 2.1 %

Shares of iShares Core U.S. REIT ETF stock opened at $59.80 on Friday. iShares Core U.S. REIT ETF has a twelve month low of $44.23 and a twelve month high of $62.94. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. The company’s 50 day moving average is $60.94 and its 200 day moving average is $56.20.

iShares Core U.S. REIT ETF Company 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.