iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Strong Trading Volume – Time to Buy?

iShares Core U.S. REIT ETF (NYSEARCA:USRTGet Free Report) saw unusually-high trading volume on Friday . Approximately 476,451 shares were traded during mid-day trading, an increase of 62% from the previous session’s volume of 294,567 shares.The stock last traded at $56.73 and had previously closed at $56.77.

iShares Core U.S. REIT ETF Stock Up 0.1%

The company has a market capitalization of $3.08 billion, a PE ratio of 35.32 and a beta of 1.02. The company’s 50 day moving average is $58.01 and its two-hundred day moving average is $57.61.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

A number of hedge funds have recently made changes to their positions in the company. Range Financial Group LLC raised its stake in iShares Core U.S. REIT ETF by 1.1% during the third quarter. Range Financial Group LLC now owns 15,222 shares of the company’s stock valued at $894,000 after purchasing an additional 172 shares in the last quarter. Founders Financial Alliance LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 33.3% in the 3rd quarter. Founders Financial Alliance LLC now owns 740 shares of the company’s stock valued at $43,000 after acquiring an additional 185 shares during the last quarter. MFA Wealth Advisors LLC increased its stake in iShares Core U.S. REIT ETF by 1.3% during the third quarter. MFA Wealth Advisors LLC now owns 19,625 shares of the company’s stock worth $1,152,000 after acquiring an additional 245 shares during the last quarter. Landmark Wealth Management LLC increased its stake in iShares Core U.S. REIT ETF by 3.6% during the third quarter. Landmark Wealth Management LLC now owns 7,021 shares of the company’s stock worth $412,000 after acquiring an additional 247 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in iShares Core U.S. REIT ETF by 3.4% during the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock valued at $432,000 after purchasing an additional 250 shares during the period.

About iShares Core U.S. REIT ETF

(Get Free Report)

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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