iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 32.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 650,759 shares of the company’s stock after purchasing an additional 158,072 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Core U.S. REIT ETF were worth $34,855,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Fonville Wealth Management LLC grew its position in shares of iShares Core U.S. REIT ETF by 6.5% in the first quarter. Fonville Wealth Management LLC now owns 4,711 shares of the company’s stock valued at $253,000 after purchasing an additional 287 shares during the last quarter. Range Financial Group LLC grew its holdings in iShares Core U.S. REIT ETF by 2.1% during the 2nd quarter. Range Financial Group LLC now owns 14,836 shares of the company’s stock valued at $795,000 after buying an additional 309 shares during the last quarter. Janney Montgomery Scott LLC increased its position in iShares Core U.S. REIT ETF by 5.4% during the first quarter. Janney Montgomery Scott LLC now owns 6,869 shares of the company’s stock worth $370,000 after buying an additional 350 shares in the last quarter. Insight Advisors LLC PA raised its holdings in shares of iShares Core U.S. REIT ETF by 3.2% in the second quarter. Insight Advisors LLC PA now owns 11,519 shares of the company’s stock worth $617,000 after acquiring an additional 361 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its position in shares of iShares Core U.S. REIT ETF by 77.0% in the fourth quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after acquiring an additional 388 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Up 1.1 %

USRT opened at $62.53 on Tuesday. The firm has a market cap of $2.73 billion, a P/E ratio of 26.47 and a beta of 0.97. The business’s fifty day simple moving average is $58.95 and its 200 day simple moving average is $54.69. iShares Core U.S. REIT ETF has a 52 week low of $43.76 and a 52 week 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.