iShares Core U.S. REIT ETF $USRT Stock Holdings Decreased by Modern Wealth Management LLC

Modern Wealth Management LLC lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 2.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 85,584 shares of the company’s stock after selling 2,094 shares during the period. Modern Wealth Management LLC owned 0.17% of iShares Core U.S. REIT ETF worth $4,930,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of USRT. CX Institutional bought a new stake in shares of iShares Core U.S. REIT ETF in the 1st quarter worth about $26,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at about $28,000. Rothschild Investment LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at about $33,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at about $60,000. Finally, Copia Wealth Management bought a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at about $71,000.

iShares Core U.S. REIT ETF Stock Up 1.6%

Shares of NYSEARCA:USRT opened at $59.37 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $48.47 and a fifty-two week high of $63.22. The firm has a 50-day simple moving average of $57.21 and a 200 day simple moving average of $56.76. The company has a market cap of $3.10 billion, a PE ratio of 35.32 and a beta of 0.94.

About iShares Core U.S. REIT ETF

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.