Naviter Wealth LLC boosted its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 116.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 153,507 shares of the company’s stock after buying an additional 82,557 shares during the period. iShares Core U.S. REIT ETF accounts for 1.7% of Naviter Wealth LLC’s portfolio, making the stock its 11th biggest holding. Naviter Wealth LLC owned about 0.38% of iShares Core U.S. REIT ETF worth $8,334,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fortitude Family Office LLC purchased a new stake in iShares Core U.S. REIT ETF during the fourth quarter valued at about $27,000. Blue Trust Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the fourth quarter worth approximately $35,000. IFP Advisors Inc lifted its position in shares of iShares Core U.S. REIT ETF by 33.5% in the third quarter. IFP Advisors Inc now owns 924 shares of the company’s stock worth $44,000 after purchasing an additional 232 shares in the last quarter. Headinvest LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth approximately $46,000. Finally, Orion Capital Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the third quarter worth approximately $71,000.
iShares Core U.S. REIT ETF Price Performance
NYSEARCA:USRT traded up $0.49 during mid-day trading on Monday, reaching $50.82. The stock had a trading volume of 83,601 shares, compared to its average volume of 250,079. The business’s 50 day moving average is $52.35 and its 200 day moving average is $51.27. iShares Core U.S. REIT ETF has a fifty-two week low of $43.76 and a fifty-two week high of $55.40. The stock has a market cap of $2.22 billion, a P/E ratio of 26.66 and a beta of 0.99.
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.
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