IFC & Insurance Marketing Inc. Purchases New Position in iShares Core U.S. REIT ETF $USRT

IFC & Insurance Marketing Inc. acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 33,223 shares of the company’s stock, valued at approximately $1,966,000. iShares Core U.S. REIT ETF makes up approximately 2.1% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 15th biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Morgan Stanley boosted its position in iShares Core U.S. REIT ETF by 110.7% in the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock valued at $123,281,000 after buying an additional 1,136,903 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core U.S. REIT ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock worth $104,868,000 after buying an additional 92,589 shares in the last quarter. Glenmede Investment Management LP increased its holdings in shares of iShares Core U.S. REIT ETF by 4.8% during the third quarter. Glenmede Investment Management LP now owns 1,673,789 shares of the company’s stock worth $98,285,000 after buying an additional 76,496 shares in the last quarter. Trust Co of Tennessee lifted its stake in shares of iShares Core U.S. REIT ETF by 2.1% in the 4th quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock valued at $63,082,000 after acquiring an additional 23,120 shares during the last quarter. Finally, Heritage Financial Services LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 11.5% in the 4th quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock valued at $49,424,000 after acquiring an additional 89,348 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Up 1.3%

NYSEARCA USRT opened at $65.47 on Tuesday. The company has a market cap of $3.83 billion, a price-to-earnings ratio of 35.32 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $55.34 and a twelve month high of $67.00. The business’s fifty day moving average is $64.62 and its 200 day moving average is $61.28.

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.