iShares Core U.S. REIT ETF (NYSEARCA:USRT) Hits New 52-Week High – Here’s What Happened

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $67.35 and last traded at $67.10, with a volume of 38409 shares trading hands. The stock had previously closed at $66.79.

iShares Core U.S. REIT ETF Price Performance

The company has a market cap of $3.93 billion, a PE ratio of 35.32 and a beta of 0.97. The business has a 50 day moving average of $64.86 and a 200 day moving average of $61.46.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Blueprint Financial Advisors LLC raised its holdings in iShares Core U.S. REIT ETF by 18.2% in the third quarter. Blueprint Financial Advisors LLC now owns 84,094 shares of the company’s stock worth $4,938,000 after buying an additional 12,927 shares during the last quarter. Naviter Wealth LLC grew its holdings in shares of iShares Core U.S. REIT ETF by 55.7% during the fourth quarter. Naviter Wealth LLC now owns 62,871 shares of the company’s stock valued at $3,581,000 after buying an additional 22,498 shares during the last quarter. Tectonic Advisors LLC increased its position in shares of iShares Core U.S. REIT ETF by 17.6% during 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. Earned Wealth Advisors LLC increased its position in shares of iShares Core U.S. REIT ETF by 99.3% during the fourth quarter. Earned Wealth Advisors LLC now owns 163,822 shares of the company’s stock valued at $9,331,000 after acquiring an additional 81,633 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Core U.S. REIT ETF by 4.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 488,351 shares of the company’s stock valued at $28,114,000 after acquiring an additional 19,467 shares in the last quarter.

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.