Ellis Investment Partners LLC bought a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 17,050 shares of the company’s stock, valued at approximately $1,050,000.
Other hedge funds have also recently modified their holdings of the company. SHP Wealth Management bought a new position in iShares Core U.S. REIT ETF in the fourth quarter worth about $46,000. Western Wealth Management LLC acquired a new position in iShares Core U.S. REIT ETF during the first quarter valued at $65,000. First Horizon Corp purchased a new position in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at about $65,000. Compass Financial Management LLC acquired a new position in iShares Core U.S. REIT ETF in the second quarter valued at approximately $78,000. Finally, PNC Financial Services Group Inc. grew its position in iShares Core U.S. REIT ETF by 53.9% during the first quarter. PNC Financial Services Group Inc. now owns 2,095 shares of the company’s stock valued at $124,000 after buying an additional 734 shares during the period.
iShares Core U.S. REIT ETF Stock Down 0.2%
Shares of USRT stock traded down $0.15 during trading hours on Wednesday, hitting $62.56. 595,285 shares of the company’s stock were exchanged, compared to its average volume of 592,938. The firm has a market cap of $4.24 billion, a P/E ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a fifty-two week low of $56.44 and a fifty-two week high of $70.09. The firm has a 50 day moving average of $64.06 and a two-hundred day moving average of $65.02.
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.
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