Truist Financial Corp Has $685,000 Stock Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Truist Financial Corp grew its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,786 shares of the company’s stock after buying an additional 552 shares during the period. Truist Financial Corp’s holdings in iShares Core U.S. REIT ETF were worth $685,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Trust Co of Tennessee bought a new position in iShares Core U.S. REIT ETF during the second quarter worth about $61,055,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core U.S. REIT ETF by 5.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock valued at $58,554,000 after acquiring an additional 58,262 shares in the last quarter. Heritage Financial Services LLC lifted its stake in iShares Core U.S. REIT ETF by 7.6% in the 2nd quarter. Heritage Financial Services LLC now owns 715,170 shares of the company’s stock valued at $38,305,000 after acquiring an additional 50,814 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in iShares Core U.S. REIT ETF by 32.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after acquiring an additional 158,072 shares in the last quarter. Finally, Choreo LLC lifted its stake in iShares Core U.S. REIT ETF by 1.3% in the 2nd quarter. Choreo LLC now owns 569,293 shares of the company’s stock valued at $30,213,000 after acquiring an additional 7,150 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Up 0.9 %

NYSEARCA:USRT opened at $60.98 on Wednesday. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $43.76 and a twelve month high of $62.94. The stock’s 50 day moving average price is $60.21 and its two-hundred day moving average price is $55.53.

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.