iShares Core U.S. REIT ETF $USRT Shares Sold by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. lessened its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 0.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 181,435 shares of the company’s stock after selling 910 shares during the quarter. iShares Core U.S. REIT ETF makes up 1.6% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 14th largest holding. Cannon Financial Strategists Inc. owned approximately 0.35% of iShares Core U.S. REIT ETF worth $10,262,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC boosted its position in iShares Core U.S. REIT ETF by 160.8% in the 1st quarter. CWM LLC now owns 1,677 shares of the company’s stock valued at $97,000 after buying an additional 1,034 shares during the period. Ridgewood Investments LLC raised its stake in shares of iShares Core U.S. REIT ETF by 63.6% in the first quarter. Ridgewood Investments LLC now owns 4,064 shares of the company’s stock valued at $234,000 after acquiring an additional 1,580 shares in the last quarter. IFP Advisors Inc boosted its holdings in iShares Core U.S. REIT ETF by 593.9% in the first quarter. IFP Advisors Inc now owns 3,539 shares of the company’s stock valued at $204,000 after purchasing an additional 3,029 shares during the period. Envestnet Asset Management Inc. grew its stake in iShares Core U.S. REIT ETF by 15.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 459,255 shares of the company’s stock worth $25,975,000 after purchasing an additional 61,716 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in iShares Core U.S. REIT ETF by 33.6% during the 2nd quarter. Park Avenue Securities LLC now owns 4,729 shares of the company’s stock worth $267,000 after purchasing an additional 1,189 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT stock opened at $58.53 on Friday. The firm has a market capitalization of $3.18 billion, a P/E ratio of 35.32 and a beta of 1.02. The business’s 50-day moving average is $58.29 and its two-hundred day moving average is $57.30. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $63.22.

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.