Tectonic Advisors LLC Makes New Investment in iShares Core U.S. REIT ETF $USRT

Tectonic Advisors LLC purchased a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 261,736 shares of the company’s stock, valued at approximately $16,118,000. Tectonic Advisors LLC owned 0.39% of iShares Core U.S. REIT ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Glenmede Trust Co. NA grew its position in iShares Core U.S. REIT ETF by 12.6% in the 1st quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after buying an additional 219,237 shares in the last quarter. Trust Co of Tennessee increased its stake in iShares Core U.S. REIT ETF by 0.6% during the 3rd quarter. Trust Co of Tennessee now owns 1,202,727 shares of the company’s stock valued at $74,064,000 after buying an additional 7,666 shares during the period. Fifth Third Bancorp raised its position in shares of iShares Core U.S. REIT ETF by 213,523.6% during the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock worth $46,026,000 after buying an additional 777,226 shares in the last quarter. Prime Capital Investment Advisors LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 3rd quarter worth about $43,300,000. Finally, Apollon Wealth Management LLC lifted its stake in shares of 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 acquiring an additional 38,281 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded down $0.09 during trading on Friday, reaching $63.07. The company had a trading volume of 1,046,214 shares, compared to its average volume of 601,400. The firm’s fifty day moving average is $63.81 and its 200 day moving average is $65.04. The firm has a market capitalization of $4.25 billion, a PE ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a twelve month low of $56.44 and a twelve month high of $70.09.

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.