Tenet Wealth Partners LLC acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,632 shares of the company’s stock, valued at approximately $2,059,000. iShares Core U.S. REIT ETF makes up 1.5% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 14th largest position.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USRT. Morgan Stanley increased its position in iShares Core U.S. REIT ETF by 110.7% during the 4th quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock worth $123,281,000 after purchasing an additional 1,136,903 shares in the last quarter. Fifth Third Bancorp increased its holdings in iShares Core U.S. REIT ETF by 213,523.6% in the 1st quarter. Fifth Third Bancorp now owns 777,590 shares of the company’s stock worth $46,026,000 after purchasing an additional 777,226 shares in the last quarter. SMI Advisory Services LLC bought a new position in iShares Core U.S. REIT ETF in the second quarter valued at about $25,297,000. 93 Financial Group LLC bought a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at about $20,812,000. Finally, Stadion Money Management LLC bought a new position in iShares Core U.S. REIT ETF in the first quarter valued at about $17,417,000.
iShares Core U.S. REIT ETF Trading Down 0.6%
Shares of USRT stock opened at $65.34 on Friday. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. The business’s 50-day moving average price is $67.33 and its 200-day moving average price is $64.68. 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.
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