iShares Core U.S. REIT ETF $USRT Shares Sold by Mission Wealth Management LP

Mission Wealth Management LP lowered its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 0.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 512,429 shares of the company’s stock after selling 4,468 shares during the quarter. iShares Core U.S. REIT ETF comprises about 0.6% of Mission Wealth Management LP’s investment portfolio, making the stock its 26th biggest position. Mission Wealth Management LP’s holdings in iShares Core U.S. REIT ETF were worth $28,983,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. US Bancorp DE lifted its position in iShares Core U.S. REIT ETF by 5.1% in the first quarter. US Bancorp DE now owns 2,916,203 shares of the company’s stock valued at $167,973,000 after buying an additional 140,593 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core U.S. REIT ETF by 16.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,533,330 shares of the company’s stock valued at $88,320,000 after buying an additional 213,501 shares during the last quarter. Trust Co of Tennessee lifted its position in iShares Core U.S. REIT ETF by 0.5% in the second quarter. Trust Co of Tennessee now owns 996,933 shares of the company’s stock valued at $56,387,000 after buying an additional 4,613 shares during the last quarter. Johns Hopkins University acquired a new position in iShares Core U.S. REIT ETF in the first quarter valued at about $49,997,000. Finally, Heritage Financial Services LLC lifted its position in iShares Core U.S. REIT ETF by 1.5% in the second quarter. Heritage Financial Services LLC now owns 738,880 shares of the company’s stock valued at $41,791,000 after buying an additional 10,948 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT opened at $57.64 on Friday. The stock has a market capitalization of $3.13 billion, a PE ratio of 35.32 and a beta of 1.02. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $63.22. The company’s 50-day simple moving average is $58.31 and its 200-day simple moving average is $57.21.

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.