iShares Core U.S. REIT ETF (NYSEARCA:USRT) Hits New 12-Month High – Should You Buy?

iShares Core U.S. REIT ETF (NYSEARCA:USRT) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $68.32 and last traded at $68.24, with a volume of 73835 shares changing hands. The stock had previously closed at $67.06.

iShares Core U.S. REIT ETF Stock Up 0.0%

The firm has a fifty day moving average of $65.90 and a 200-day moving average of $62.56. The firm has a market cap of $4.67 billion, a P/E ratio of 35.32 and a beta of 0.96.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of USRT. WealthShield Partners LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth approximately $29,000. Signaturefd LLC boosted its stake in iShares Core U.S. REIT ETF by 143.7% in the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after acquiring an additional 378 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth $38,000. Brown Brothers Harriman & Co. acquired a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth $40,000. Finally, Huntington National Bank raised its position in shares of iShares Core U.S. REIT ETF by 71,200.0% during the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after acquiring an additional 712 shares during the last quarter.

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.