iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Sold by MAI Capital Management

MAI Capital Management lessened its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 4.8% during the third quarter, HoldingsChannel reports. The fund owned 15,501 shares of the company’s stock after selling 782 shares during the period. MAI Capital Management’s holdings in iShares Core U.S. REIT ETF were worth $954,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of USRT. Opal Wealth Advisors LLC purchased a new position in iShares Core U.S. REIT ETF in the second quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new stake in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $27,000. Focused Wealth Management Inc purchased a new position in iShares Core U.S. REIT ETF in the 3rd quarter valued at approximately $30,000. Ridgewood Investments LLC acquired a new position in iShares Core U.S. REIT ETF during the second quarter worth $33,000. Finally, Sanctuary Wealth Management L.L.C. purchased a new stake in iShares Core U.S. REIT ETF during the third quarter worth $50,000.

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

Shares of USRT stock opened at $61.01 on Friday. iShares Core U.S. REIT ETF has a fifty-two week low of $48.44 and a fifty-two week high of $62.94. The business has a fifty day simple moving average of $60.90 and a 200-day simple moving average of $57.28. The stock has a market cap of $2.66 billion, a P/E ratio of 26.47 and a beta of 0.97.

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.