Royal Bank of Canada Increases Stake in iShares Core U.S. REIT ETF $USRT

Royal Bank of Canada raised its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 77.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 181,734 shares of the company’s stock after acquiring an additional 79,265 shares during the period. Royal Bank of Canada owned approximately 0.31% of iShares Core U.S. REIT ETF worth $10,758,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tectonic Advisors LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 17.6% in the 4th quarter. Tectonic Advisors LLC now owns 229,606 shares of the company’s stock valued at $13,078,000 after buying an additional 34,300 shares during the period. Fi3 FINANCIAL ADVISORS LLC grew its holdings in iShares Core U.S. REIT ETF by 673.3% during the fourth quarter. Fi3 FINANCIAL ADVISORS LLC now owns 40,817 shares of the company’s stock worth $2,325,000 after acquiring an additional 35,539 shares during the period. Sumitomo Life Insurance Co. grew its holdings in iShares Core U.S. REIT ETF by 3.9% during the fourth quarter. Sumitomo Life Insurance Co. now owns 293,300 shares of the company’s stock worth $16,706,000 after acquiring an additional 11,000 shares during the period. Pure Financial Advisors LLC raised its position in iShares Core U.S. REIT ETF by 4.0% in the fourth quarter. Pure Financial Advisors LLC now owns 245,340 shares of the company’s stock worth $13,975,000 after acquiring an additional 9,417 shares in the last quarter. Finally, Trust Co of Tennessee lifted its holdings in iShares Core U.S. REIT ETF by 2.1% in the fourth quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock valued at $63,082,000 after acquiring an additional 23,120 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock opened at $67.38 on Friday. The company has a market cap of $4.63 billion, a P/E ratio of 35.32 and a beta of 0.96. iShares Core U.S. REIT ETF has a one year low of $55.44 and a one year high of $70.09. The business has a fifty day moving average of $66.91 and a two-hundred day moving average of $63.68.

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.