iShares Core U.S. REIT ETF $USRT Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 81.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 103,500 shares of the company’s stock after selling 459,173 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Core U.S. REIT ETF were worth $5,854,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in USRT. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core U.S. REIT ETF by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,602,846 shares of the company’s stock valued at $90,657,000 after purchasing an additional 69,516 shares during the period. Trust Co of Tennessee raised its stake in shares of iShares Core U.S. REIT ETF by 0.5% during the 2nd quarter. Trust Co of Tennessee now owns 996,933 shares of the company’s stock worth $56,387,000 after buying an additional 4,613 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 152.0% in the 2nd quarter. Cerity Partners LLC now owns 839,331 shares of the company’s stock valued at $47,473,000 after buying an additional 506,314 shares during the period. Heritage Financial Services LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 1.5% in the second quarter. Heritage Financial Services LLC now owns 738,880 shares of the company’s stock valued at $41,791,000 after buying an additional 10,948 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in iShares Core U.S. REIT ETF by 0.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 495,503 shares of the company’s stock worth $28,343,000 after acquiring an additional 1,721 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT opened at $56.61 on Friday. iShares Core U.S. REIT ETF has a 1 year low of $48.47 and a 1 year high of $60.63. The stock has a fifty day moving average price of $58.01 and a two-hundred day moving average price of $57.61. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 35.32 and a beta of 1.02.

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.