MMA Asset Management LLC acquired a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) during the third quarter, Holdings Channel reports. The institutional investor acquired 19,599 shares of the company’s stock, valued at approximately $1,207,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Glenmede Trust Co. NA lifted its position in shares of iShares Core U.S. REIT ETF by 12.6% in the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock worth $116,324,000 after purchasing an additional 219,237 shares in the last quarter. Trust Co of Tennessee boosted its holdings in iShares Core U.S. REIT ETF by 0.6% during the third quarter. Trust Co of Tennessee now owns 1,202,727 shares of the company’s stock worth $74,064,000 after purchasing an additional 7,666 shares during the last quarter. Apollon Wealth Management LLC bought a new position in iShares Core U.S. REIT ETF in the third quarter valued at $62,470,000. Rakuten Investment Management Inc. grew its position in iShares Core U.S. REIT ETF by 11.2% in the third quarter. Rakuten Investment Management Inc. now owns 935,681 shares of the company’s stock valued at $58,190,000 after purchasing an additional 93,900 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in iShares Core U.S. REIT ETF by 213,523.6% in the first quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after purchasing an additional 777,226 shares in the last quarter.
iShares Core U.S. REIT ETF Trading Down 1.7%
Shares of USRT stock opened at $65.27 on Friday. The firm’s fifty day moving average price is $63.30 and its two-hundred day moving average price is $63.81. iShares Core U.S. REIT ETF has a 1 year low of $56.44 and a 1 year high of $70.09. The firm has a market capitalization of $4.39 billion, a P/E ratio of 35.32 and a beta of 0.94.
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.
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Want to see what other hedge funds are holding USRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report).
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