iShares Core U.S. REIT ETF $USRT Stake Raised by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. increased its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 293,300 shares of the company’s stock after acquiring an additional 11,000 shares during the period. iShares Core U.S. REIT ETF comprises about 0.5% of Sumitomo Life Insurance Co.’s holdings, making the stock its 29th largest holding. Sumitomo Life Insurance Co.’s holdings in iShares Core U.S. REIT ETF were worth $16,706,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Blueprint Financial Advisors LLC lifted its stake in iShares Core U.S. REIT ETF by 18.2% in the 3rd quarter. Blueprint Financial Advisors LLC now owns 84,094 shares of the company’s stock worth $4,938,000 after acquiring an additional 12,927 shares in the last quarter. Naviter Wealth LLC lifted its stake in iShares Core U.S. REIT ETF by 55.7% in the 4th quarter. Naviter Wealth LLC now owns 62,871 shares of the company’s stock worth $3,581,000 after acquiring an additional 22,498 shares in the last quarter. Tectonic Advisors LLC lifted its stake in iShares Core U.S. REIT ETF by 17.6% in the 4th quarter. Tectonic Advisors LLC now owns 229,606 shares of the company’s stock worth $13,078,000 after acquiring an additional 34,300 shares in the last quarter. Disciplina Capital Management LLC increased its position in iShares Core U.S. REIT ETF by 3.0% in the 3rd quarter. Disciplina Capital Management LLC now owns 686,085 shares of the company’s stock worth $40,287,000 after purchasing an additional 20,167 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in iShares Core U.S. REIT ETF by 21.9% in the 3rd quarter. HighTower Advisors LLC now owns 523,132 shares of the company’s stock worth $30,719,000 after purchasing an additional 93,867 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT stock opened at $66.86 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $55.34 and a fifty-two week high of $67.00. The stock’s 50-day moving average is $64.08 and its two-hundred day moving average is $60.98. The firm has a market cap of $3.91 billion, a P/E ratio of 35.32 and a beta of 0.97.

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.