Concourse Financial Group Securities Inc. Increases Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Concourse Financial Group Securities Inc. raised its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 15.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,019 shares of the company’s stock after buying an additional 395 shares during the period. Concourse Financial Group Securities Inc.’s holdings in iShares Core U.S. REIT ETF were worth $186,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth about $26,000. Atwood & Palmer Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the second quarter worth approximately $27,000. Ridgewood Investments LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the 2nd quarter valued at $33,000. Fairscale Capital LLC bought a new stake in iShares Core U.S. REIT ETF during the second quarter valued at about $51,000. Finally, Hexagon Capital Partners LLC lifted its holdings in iShares Core U.S. REIT ETF by 75.5% during the first quarter. Hexagon Capital Partners LLC now owns 3,672 shares of the company’s stock valued at $198,000 after purchasing an additional 1,580 shares in the last quarter.

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

NYSEARCA:USRT opened at $61.83 on Friday. The business’s 50-day simple moving average is $60.47 and its two-hundred day simple moving average is $55.68. The stock has a market cap of $2.70 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 52 week low of $43.76 and a 52 week high of $62.94.

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.