Prosperity Planning Inc. Purchases New Holdings in iShares Core U.S. REIT ETF $USRT

Prosperity Planning Inc. acquired a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, HoldingsChannel reports. The institutional investor acquired 78,362 shares of the company’s stock, valued at approximately $4,826,000. iShares Core U.S. REIT ETF accounts for approximately 1.1% of Prosperity Planning Inc.’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in iShares Core U.S. REIT ETF in the 4th quarter worth $38,000. SHP Wealth Management purchased a new stake in iShares Core U.S. REIT ETF in the 4th quarter worth $46,000. Western Wealth Management LLC bought a new stake in iShares Core U.S. REIT ETF during the first quarter valued at about $65,000. First Horizon Corp bought a new stake in iShares Core U.S. REIT ETF during the first quarter valued at about $65,000. Finally, Compass Financial Management LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the second quarter valued at about $78,000.

iShares Core U.S. REIT ETF Stock Up 0.6%

NYSEARCA USRT opened at $61.11 on Friday. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. The business has a 50-day moving average price of $64.90 and a 200-day moving average price of $64.84. iShares Core U.S. REIT ETF has a twelve month low of $56.44 and a twelve month high of $70.09.

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.