Synergy Asset Management LLC Makes New $54,000 Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Synergy Asset Management LLC purchased a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 883 shares of the company’s stock, valued at approximately $54,000.

Other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at about $25,000. Focused Wealth Management Inc acquired a new position in shares of iShares Core U.S. REIT ETF in the 3rd quarter valued at about $30,000. Sanctuary Wealth Management L.L.C. purchased a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth about $50,000. Private Trust Co. NA grew its holdings in shares of iShares Core U.S. REIT ETF by 496.0% during the 3rd quarter. Private Trust Co. NA now owns 1,049 shares of the company’s stock worth $65,000 after purchasing an additional 873 shares during the period. Finally, Avior Wealth Management LLC increased its position in iShares Core U.S. REIT ETF by 57.0% during the 3rd quarter. Avior Wealth Management LLC now owns 1,564 shares of the company’s stock worth $96,000 after purchasing an additional 568 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Up 1.5 %

Shares of USRT stock opened at $58.01 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22. The firm’s 50 day moving average price is $58.52 and its two-hundred day moving average price is $59.29. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

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.