Canandaigua National Bank & Trust Co. Buys 123,095 Shares of iShares Core U.S. REIT ETF $USRT

Canandaigua National Bank & Trust Co. purchased a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 123,095 shares of the company’s stock, valued at approximately $7,580,000. Canandaigua National Bank & Trust Co. owned approximately 0.18% of iShares Core U.S. REIT ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of USRT. Glenmede Trust Co. NA lifted its position in shares of iShares Core U.S. REIT ETF by 12.6% in the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after acquiring an additional 219,237 shares in the last quarter. Fifth Third Bancorp grew its position in shares of iShares Core U.S. REIT ETF by 213,523.6% during the first 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. Corient Private Wealth LLC grew its position in shares of iShares Core U.S. REIT ETF by 9.5% during the fourth quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock worth $37,248,000 after purchasing an additional 55,121 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in iShares Core U.S. REIT ETF by 7.1% in the 1st quarter. Apollon Wealth Management LLC now owns 576,209 shares of the company’s stock worth $34,106,000 after purchasing an additional 38,281 shares in the last quarter. Finally, SMI Advisory Services LLC purchased a new position in iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $25,297,000.

iShares Core U.S. REIT ETF Stock Down 1.6%

USRT stock traded down $0.97 during midday trading on Wednesday, hitting $60.72. The company’s stock had a trading volume of 1,443,743 shares, compared to its average volume of 566,187. iShares Core U.S. REIT ETF has a 12 month low of $56.44 and a 12 month high of $70.09. The company has a 50 day moving average of $65.22 and a two-hundred day moving average of $64.82. The firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

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.