iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw unusually-strong trading volume on Wednesday . Approximately 961,278 shares were traded during mid-day trading, an increase of 98% from the previous session’s volume of 485,127 shares.The stock last traded at $66.91 and had previously closed at $66.45.

iShares Core U.S. REIT ETF Trading Up 0.7%

The company has a market cap of $3.91 billion, a P/E ratio of 35.32 and a beta of 0.97. The company’s fifty day moving average is $65.08 and its 200 day moving average is $61.67.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Large investors have recently bought and sold shares of the stock. WealthShield Partners LLC bought a new position in iShares Core U.S. REIT ETF in the fourth quarter worth about $29,000. Signaturefd LLC boosted its position in shares of iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock worth $37,000 after acquiring an additional 378 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter valued at $38,000. Brown Brothers Harriman & Co. bought a new stake in iShares Core U.S. REIT ETF in the 4th quarter valued at $40,000. Finally, Huntington National Bank lifted its stake in iShares Core U.S. REIT ETF by 71,200.0% in the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock worth $41,000 after purchasing an additional 712 shares in the last quarter.

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.