SMI Advisory Services LLC Acquires New Shares in iShares Core U.S. REIT ETF $USRT

SMI Advisory Services LLC acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 377,626 shares of the company’s stock, valued at approximately $25,297,000. iShares Core U.S. REIT ETF comprises about 4.1% of SMI Advisory Services LLC’s investment portfolio, making the stock its 5th biggest position. SMI Advisory Services LLC owned 0.57% of iShares Core U.S. REIT ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $660,000. Royal Bank of Canada boosted its stake in shares of iShares Core U.S. REIT ETF by 12.9% during the first quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after acquiring an additional 11,175 shares during the last quarter. AQR Capital Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the 1st quarter worth about $220,000. Quantinno Capital Management LP increased its position in iShares Core U.S. REIT ETF by 3.4% during the 2nd 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 raised its stake in iShares Core U.S. REIT ETF by 5.1% in the 2nd quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after purchasing an additional 506 shares during the last quarter.

iShares Core U.S. REIT ETF Trading Down 1.4%

NYSEARCA:USRT opened at $66.45 on Tuesday. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 35.32 and a beta of 0.96. The company’s 50-day moving average is $66.97 and its two-hundred day moving average is $63.76. iShares Core U.S. REIT ETF has a 12-month low of $55.44 and a 12-month high of $70.09.

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.