iShares Core U.S. REIT ETF $USRT Shares Newly Bought by Financial & Tax Architects LLC

Financial & Tax Architects LLC bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 358,113 shares of the company’s stock, valued at approximately $22,053,000. iShares Core U.S. REIT ETF accounts for approximately 4.7% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 3rd largest position. Financial & Tax Architects LLC owned about 0.53% of iShares Core U.S. REIT ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in USRT. Glenmede Trust Co. NA grew its position in iShares Core U.S. REIT ETF by 12.6% during the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after purchasing an additional 219,237 shares in the last quarter. Fifth Third Bancorp increased its stake in iShares Core U.S. REIT ETF by 213,523.6% in the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock valued at $46,026,000 after buying an additional 777,226 shares during the period. Corient Private Wealth LLC lifted its position in iShares Core U.S. REIT ETF by 9.5% in the 4th quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock worth $37,248,000 after buying an additional 55,121 shares in the last quarter. Apollon Wealth Management LLC lifted its position in iShares Core U.S. REIT ETF by 7.1% in the 1st quarter. Apollon Wealth Management LLC now owns 576,209 shares of the company’s stock worth $34,106,000 after buying an additional 38,281 shares in the last quarter. Finally, SMI Advisory Services LLC purchased a new stake in iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $25,297,000.

iShares Core U.S. REIT ETF Stock Up 1.0%

iShares Core U.S. REIT ETF stock opened at $62.05 on Friday. iShares Core U.S. REIT ETF has a 12 month low of $56.44 and a 12 month high of $70.09. The stock has a market cap of $4.23 billion, a P/E ratio of 35.32 and a beta of 0.95. The company’s fifty day simple moving average is $64.32 and its 200-day simple moving average is $64.95.

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.