iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Unusually-High Trading Volume

iShares Core U.S. REIT ETF (NYSEARCA:USRT) shares saw strong trading volume on Thursday . 390,848 shares were traded during mid-day trading, an increase of 67% from the previous session’s volume of 233,799 shares.The stock last traded at $49.29 and had previously closed at $49.35.

iShares Core U.S. REIT ETF Stock Up 0.6 %

The stock has a fifty day moving average of $52.53 and a 200-day moving average of $51.08. The stock has a market capitalization of $2.17 billion, a price-to-earnings ratio of 26.66 and a beta of 0.99.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. MAS Advisors LLC lifted its stake in iShares Core U.S. REIT ETF by 26.6% in the first quarter. MAS Advisors LLC now owns 19,835 shares of the company’s stock valued at $1,302,000 after buying an additional 4,169 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Core U.S. REIT ETF by 63.2% in the first quarter. JPMorgan Chase & Co. now owns 4,846 shares of the company’s stock valued at $313,000 after buying an additional 1,877 shares during the last quarter. Raymond James & Associates lifted its stake in iShares Core U.S. REIT ETF by 1,018.8% in the first quarter. Raymond James & Associates now owns 49,519 shares of the company’s stock valued at $3,201,000 after buying an additional 45,093 shares during the last quarter. Roundview Capital LLC purchased a new stake in iShares Core U.S. REIT ETF in the first quarter valued at approximately $236,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in iShares Core U.S. REIT ETF in the first quarter valued at approximately $206,000.

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.