Financial Solutions Advisory Group Inc. Purchases New Stake in iShares Core U.S. REIT ETF $USRT

Financial Solutions Advisory Group Inc. acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the first quarter, Holdings Channel reports. The fund acquired 115,442 shares of the company’s stock, valued at approximately $6,833,000. iShares Core U.S. REIT ETF comprises about 0.9% of Financial Solutions Advisory Group Inc.’s portfolio, making the stock its 20th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at about $660,000. Royal Bank of Canada grew its stake in iShares Core U.S. REIT ETF by 12.9% in the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock worth $5,632,000 after purchasing an additional 11,175 shares in the last quarter. AQR Capital Management LLC acquired a new position in iShares Core U.S. REIT ETF in the first quarter worth about $220,000. Quantinno Capital Management LP grew its stake in iShares Core U.S. REIT ETF by 3.4% in the second quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock worth $432,000 after purchasing an additional 250 shares in the last quarter. Finally, Betterment LLC increased its holdings in iShares Core U.S. REIT ETF by 5.1% in the second quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after buying an additional 506 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Down 0.5%

Shares of NYSEARCA USRT opened at $67.89 on Friday. The stock’s 50 day moving average price is $66.70 and its two-hundred day moving average price is $63.37. iShares Core U.S. REIT ETF has a 52-week low of $55.34 and a 52-week high of $70.09. The stock has a market capitalization of $4.66 billion, a P/E ratio of 35.32 and a beta of 0.96.

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.