Ridgewood Investments LLC Purchases 15,942 Shares of iShares Core U.S. REIT ETF $USRT

Ridgewood Investments LLC acquired a new position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,942 shares of the company’s stock, valued at approximately $982,000.

A number of other large investors have also made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares Core U.S. REIT ETF during the fourth quarter worth about $38,000. SHP Wealth Management acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $46,000. Western Wealth Management LLC bought a new stake in shares of iShares Core U.S. REIT ETF in the 1st quarter worth approximately $65,000. First Horizon Corp acquired a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter worth approximately $65,000. Finally, Compass Financial Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF during the 2nd quarter worth approximately $78,000.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT traded down $0.33 on Monday, reaching $61.19. 1,413,140 shares of the stock traded hands, compared to its average volume of 557,770. The stock’s 50-day moving average price is $65.54 and its 200-day moving average price is $64.82. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 12 month low of $56.44 and a 12 month high of $70.09.

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.