Independent Wealth Network Inc. Has $882,000 Position in iShares Core U.S. REIT ETF $USRT

Independent Wealth Network Inc. lessened its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 70.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,907 shares of the company’s stock after selling 35,248 shares during the period. Independent Wealth Network Inc.’s holdings in iShares Core U.S. REIT ETF were worth $882,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Ellis Investment Partners LLC grew its stake in shares of iShares Core U.S. REIT ETF by 1.3% in the 4th quarter. Ellis Investment Partners LLC now owns 14,721 shares of the company’s stock valued at $839,000 after purchasing an additional 182 shares during the period. Insight Advisors LLC PA raised its stake in shares of iShares Core U.S. REIT ETF by 1.9% in the fourth quarter. Insight Advisors LLC PA now owns 10,866 shares of the company’s stock valued at $619,000 after acquiring an additional 204 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of iShares Core U.S. REIT ETF by 2.2% in the 4th quarter. Principal Securities Inc. now owns 10,669 shares of the company’s stock worth $608,000 after acquiring an additional 233 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in shares of iShares Core U.S. REIT ETF by 3.4% in the 2nd quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock worth $432,000 after acquiring an additional 250 shares in the last quarter. Finally, Stifel Financial Corp grew its position in iShares Core U.S. REIT ETF by 2.0% during the 4th quarter. Stifel Financial Corp now owns 13,419 shares of the company’s stock worth $764,000 after acquiring an additional 264 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

USRT stock opened at $66.79 on Friday. The business has a fifty day moving average price of $64.86 and a 200 day moving average price of $61.46. 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 has a market capitalization of $3.91 billion, a price-to-earnings ratio of 35.32 and a beta of 0.97.

iShares Core U.S. REIT ETF 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.