Peak Financial Management Inc. Makes New $6.55 Million Investment in iShares Core U.S. REIT ETF $USRT

Peak Financial Management Inc. bought a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 106,395 shares of the company’s stock, valued at approximately $6,552,000. iShares Core U.S. REIT ETF accounts for 1.5% of Peak Financial Management Inc.’s holdings, making the stock its 23rd largest position. Peak Financial Management Inc. owned approximately 0.16% of iShares Core U.S. REIT ETF at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of USRT. Glenmede Trust Co. NA grew its holdings in iShares Core U.S. REIT ETF by 12.6% during the 1st quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock worth $116,324,000 after acquiring an additional 219,237 shares during the period. Fifth Third Bancorp raised its position in shares of 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 acquiring an additional 777,226 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of iShares Core U.S. REIT ETF by 9.5% in the 4th quarter. Corient Private Wealth LLC now owns 637,498 shares of the company’s stock worth $37,248,000 after acquiring an additional 55,121 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in shares of 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 valued at $34,106,000 after purchasing an additional 38,281 shares during the period. Finally, SMI Advisory Services LLC acquired a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at about $25,297,000.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT traded up $0.19 during midday trading on Friday, reaching $62.24. The company’s stock had a trading volume of 1,198,857 shares, compared to its average volume of 590,781. iShares Core U.S. REIT ETF has a fifty-two week low of $56.44 and a fifty-two week high of $70.09. The firm has a 50 day moving average price of $64.22 and a two-hundred day moving average price of $64.94. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

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.