Private Trust Co. NA Raises Position in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Private Trust Co. NA boosted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 496.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,049 shares of the company’s stock after buying an additional 873 shares during the period. Private Trust Co. NA’s holdings in iShares Core U.S. REIT ETF were worth $65,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Trust Co of Tennessee acquired a new position in iShares Core U.S. REIT ETF during the second quarter worth about $61,055,000. Prime Capital Investment Advisors LLC lifted its position in iShares Core U.S. REIT ETF by 8,376.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 388,390 shares of the company’s stock worth $20,802,000 after buying an additional 383,808 shares in the last quarter. Cannon Financial Strategists Inc. acquired a new position in iShares Core U.S. REIT ETF during the second quarter worth $9,422,000. Thrivent Financial for Lutherans increased its stake in shares of iShares Core U.S. REIT ETF by 32.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock worth $34,855,000 after acquiring an additional 158,072 shares during the last quarter. Finally, Merriman Wealth Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth $6,046,000.

iShares Core U.S. REIT ETF Trading Down 0.5 %

Shares of USRT opened at $62.46 on Friday. The firm has a 50-day moving average price of $60.91 and a 200 day moving average price of $57.71. iShares Core U.S. REIT ETF has a 12-month low of $49.12 and a 12-month high of $63.22. The firm has a market capitalization of $2.72 billion, a P/E ratio of 26.47 and a beta of 0.97.

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.