International Assets Investment Management LLC Makes New Investment in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

International Assets Investment Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 6,362 shares of the company’s stock, valued at approximately $361,000.

A number of other institutional investors have also added to or reduced their stakes in USRT. US Bancorp DE increased its holdings in shares of iShares Core U.S. REIT ETF by 1.5% in the 3rd quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock worth $165,497,000 after buying an additional 39,016 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares Core U.S. REIT ETF by 5.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock worth $58,554,000 after acquiring an additional 58,262 shares during the last quarter. Heritage Financial Services LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 2.6% during the third quarter. Heritage Financial Services LLC now owns 734,016 shares of the company’s stock valued at $45,193,000 after purchasing an additional 18,846 shares during the period. Thrivent Financial for Lutherans boosted its position in iShares Core U.S. REIT ETF by 32.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after buying an additional 158,072 shares during the period. Finally, Kestra Investment Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the third quarter worth about $33,794,000.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA USRT opened at $55.14 on Friday. The stock has a 50 day simple moving average of $59.36 and a two-hundred day simple moving average of $58.97. The stock has a market cap of $2.40 billion, a P/E ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22.

iShares Core U.S. REIT ETF 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.