iShares Core U.S. REIT ETF $USRT Position Cut by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC trimmed its stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 7.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 298,031 shares of the company’s stock after selling 23,356 shares during the quarter. iShares Core U.S. REIT ETF makes up about 1.7% of Pacific Life Fund Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Pacific Life Fund Advisors LLC owned about 0.53% of iShares Core U.S. REIT ETF worth $16,976,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in iShares Core U.S. REIT ETF in the third quarter valued at $29,000. CX Institutional raised its stake in shares of iShares Core U.S. REIT ETF by 81.0% during the third quarter. CX Institutional now owns 608 shares of the company’s stock valued at $36,000 after purchasing an additional 272 shares in the last quarter. Signaturefd LLC raised its stake in shares of iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after purchasing an additional 378 shares in the last quarter. Founders Financial Alliance LLC raised its stake in shares of iShares Core U.S. REIT ETF by 33.3% during the third quarter. Founders Financial Alliance LLC now owns 740 shares of the company’s stock valued at $43,000 after purchasing an additional 185 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the third quarter valued at about $97,000.

iShares Core U.S. REIT ETF Stock Up 1.5%

Shares of NYSEARCA USRT opened at $64.48 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $53.18 and a fifty-two week high of $64.57. The firm’s 50-day simple moving average is $61.42 and its 200 day simple moving average is $59.21. The stock has a market cap of $3.78 billion, a P/E ratio of 35.32 and a beta of 1.00.

iShares Core U.S. REIT ETF Company 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.