iShares Core U.S. REIT ETF $USRT Shares Sold by Private Client Services LLC

Private Client Services LLC reduced its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 15.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,509 shares of the company’s stock after selling 8,423 shares during the quarter. iShares Core U.S. REIT ETF comprises about 0.8% of Private Client Services LLC’s investment portfolio, making the stock its 27th largest holding. Private Client Services LLC owned 0.07% of iShares Core U.S. REIT ETF worth $3,091,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Naviter Wealth LLC raised its position in shares of iShares Core U.S. REIT ETF by 55.7% during the 4th quarter. Naviter Wealth LLC now owns 62,871 shares of the company’s stock worth $3,581,000 after buying an additional 22,498 shares in the last quarter. Tectonic Advisors LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 17.6% in the fourth quarter. Tectonic Advisors LLC now owns 229,606 shares of the company’s stock valued at $13,078,000 after acquiring an additional 34,300 shares in the last quarter. Fi3 FINANCIAL ADVISORS LLC boosted its holdings in shares of iShares Core U.S. REIT ETF by 673.3% in the fourth quarter. Fi3 FINANCIAL ADVISORS LLC now owns 40,817 shares of the company’s stock valued at $2,325,000 after acquiring an additional 35,539 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in shares of iShares Core U.S. REIT ETF by 3.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 293,300 shares of the company’s stock valued at $16,706,000 after acquiring an additional 11,000 shares in the last quarter. Finally, Rodgers & Associates LTD increased its stake in shares of iShares Core U.S. REIT ETF by 6.3% during the fourth quarter. Rodgers & Associates LTD now owns 376,251 shares of the company’s stock valued at $21,431,000 after acquiring an additional 22,274 shares during the period.

iShares Core U.S. REIT ETF Price Performance

Shares of NYSEARCA:USRT opened at $67.93 on Tuesday. iShares Core U.S. REIT ETF has a 12 month low of $55.44 and a 12 month high of $70.09. The stock has a market cap of $4.66 billion, a price-to-earnings ratio of 35.32 and a beta of 0.96. The stock’s 50 day moving average price is $66.75 and its 200 day moving average price is $63.48.

iShares Core U.S. REIT ETF Company 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.