iShares Core U.S. REIT ETF $USRT Stake Reduced by Fifth Third Bancorp

Fifth Third Bancorp lessened its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 7.8% in the third quarter, HoldingsChannel.com reports. The firm owned 716,366 shares of the company’s stock after selling 60,312 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core U.S. REIT ETF were worth $44,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HB Wealth Management LLC raised its holdings in iShares Core U.S. REIT ETF by 1.7% during the 2nd quarter. HB Wealth Management LLC now owns 9,985 shares of the company’s stock worth $664,000 after purchasing an additional 171 shares during the last quarter. Insight Advisors LLC PA lifted its position in shares of iShares Core U.S. REIT ETF by 1.7% in the 1st quarter. Insight Advisors LLC PA now owns 11,050 shares of the company’s stock worth $654,000 after purchasing an additional 184 shares during the period. HORAN Wealth LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 5.0% in the 2nd quarter. HORAN Wealth LLC now owns 4,094 shares of the company’s stock valued at $272,000 after purchasing an additional 195 shares during the last quarter. Waverly Advisors LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 0.3% in the 2nd quarter. Waverly Advisors LLC now owns 63,069 shares of the company’s stock valued at $4,191,000 after purchasing an additional 217 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of iShares Core U.S. REIT ETF by 6.7% during the first quarter. International Assets Investment Management LLC now owns 4,257 shares of the company’s stock worth $253,000 after buying an additional 267 shares during the period.

iShares Core U.S. REIT ETF Stock Down 0.6%

USRT opened at $65.63 on Friday. iShares Core U.S. REIT ETF has a twelve month low of $56.44 and a twelve month high of $70.09. The company has a fifty day moving average of $63.29 and a 200-day moving average of $63.99. The stock has a market cap of $4.27 billion, a PE ratio of 30.00 and a beta of 0.96.

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.