US Bancorp DE boosted its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) by 1.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,687,948 shares of the company’s stock after buying an additional 39,016 shares during the period. US Bancorp DE owned approximately 6.17% of iShares Core U.S. REIT ETF worth $165,497,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the second quarter valued at $26,000. Atwood & Palmer Inc. purchased a new position in iShares Core U.S. REIT ETF during the 2nd quarter valued at about $27,000. Ridgewood Investments LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at about $33,000. Fairscale Capital LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the second quarter valued at about $51,000. Finally, Concourse Financial Group Securities Inc. purchased a new stake in shares of iShares Core U.S. REIT ETF in the first quarter worth about $100,000.
iShares Core U.S. REIT ETF Stock Down 0.7 %
NYSEARCA:USRT traded down $0.45 during mid-day trading on Thursday, hitting $60.63. 36,917 shares of the stock traded hands, compared to its average volume of 224,777. The business’s 50-day moving average price is $60.89 and its 200 day moving average price is $56.16. The company has a market cap of $2.64 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 12-month low of $44.23 and a 12-month high of $62.94.
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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