Beam Wealth Advisors Inc. Sells 441 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Beam Wealth Advisors Inc. trimmed its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,947 shares of the company’s stock after selling 441 shares during the period. Beam Wealth Advisors Inc.’s holdings in iShares Core U.S. REIT ETF were worth $627,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp acquired a new stake in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $25,000. IFP Advisors Inc bought a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $29,000. Beacon Capital Management LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at $32,000. Synergy Investment Management LLC acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at $42,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in iShares Core U.S. REIT ETF in the 3rd quarter valued at $50,000.

iShares Core U.S. REIT ETF Stock Performance

NYSEARCA:USRT opened at $58.51 on Friday. The firm’s 50-day moving average is $57.99 and its 200-day moving average is $59.63. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 33.02 and a beta of 1.09. iShares Core U.S. REIT ETF has a 52-week low of $49.12 and a 52-week high of $63.22.

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.