Modern Wealth Management LLC lessened its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 12.7% in the third quarter, HoldingsChannel reports. The firm owned 70,501 shares of the company’s stock after selling 10,253 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $4,140,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter worth about $660,000. Royal Bank of Canada raised its position in shares of iShares Core U.S. REIT ETF by 12.9% in the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after buying an additional 11,175 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the first quarter valued at approximately $220,000. Savant Capital LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 2.8% during the second quarter. Savant Capital LLC now owns 28,721 shares of the company’s stock valued at $1,624,000 after buying an additional 774 shares during the period. Finally, Rialto Wealth Management LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 10.3% during the second quarter. Rialto Wealth Management LLC now owns 83,314 shares of the company’s stock valued at $4,712,000 after buying an additional 7,806 shares during the period.
iShares Core U.S. REIT ETF Stock Performance
Shares of NYSEARCA USRT opened at $61.81 on Friday. The firm has a market cap of $3.52 billion, a P/E ratio of 35.32 and a beta of 1.02. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $63.72. The firm’s 50 day moving average price is $59.89 and its 200 day moving average price is $58.68.
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.
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