RDA Financial Network reduced its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 6.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,955 shares of the company’s stock after selling 638 shares during the quarter. RDA Financial Network’s holdings in iShares Core U.S. REIT ETF were worth $573,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of USRT. Bank of America Corp DE grew its stake in shares of iShares Core U.S. REIT ETF by 382.3% in the 4th quarter. Bank of America Corp DE now owns 984,463 shares of the company’s stock valued at $56,420,000 after purchasing an additional 780,348 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 256.5% in the 4th quarter. LPL Financial LLC now owns 781,468 shares of the company’s stock valued at $44,786,000 after buying an additional 562,265 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $9,910,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 708.0% in the 4th quarter. Apollon Wealth Management LLC now owns 121,427 shares of the company’s stock valued at $6,959,000 after buying an additional 106,398 shares during the period. Finally, Fiducient Advisors LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 35.1% in the 4th quarter. Fiducient Advisors LLC now owns 368,653 shares of the company’s stock valued at $21,128,000 after buying an additional 95,863 shares during the period.
iShares Core U.S. REIT ETF Price Performance
USRT opened at $57.51 on Friday. The business has a 50 day simple moving average of $55.53 and a 200-day simple moving average of $57.42. The stock has a market capitalization of $2.97 billion, a P/E ratio of 32.46 and a beta of 1.03. iShares Core U.S. REIT ETF has a 12 month low of $48.47 and a 12 month high of $63.22.
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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