Frontier Asset Management LLC Buys Shares of 27,933 iShares Core U.S. REIT ETF $USRT

Frontier Asset Management LLC bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the first quarter, Holdings Channel reports. The institutional investor bought 27,933 shares of the company’s stock, valued at approximately $1,653,000.

A number of other hedge funds have also made changes to their positions in USRT. WealthShield Partners LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth approximately $29,000. Signaturefd LLC grew its position in iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock valued at $37,000 after purchasing an additional 378 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $38,000. Brown Brothers Harriman & Co. acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $40,000. Finally, Huntington National Bank lifted its position in iShares Core U.S. REIT ETF by 71,200.0% in the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock worth $41,000 after buying an additional 712 shares in the last quarter.

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

USRT stock opened at $68.83 on Friday. The company has a 50 day moving average of $65.90 and a two-hundred day moving average of $62.56. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 35.32 and a beta of 0.96. iShares Core U.S. REIT ETF has a 12-month low of $55.34 and a 12-month high of $69.53.

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.