iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Strong Trading Volume

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw unusually-high trading volume on Tuesday . Approximately 365,368 shares traded hands during mid-day trading, an increase of 57% from the previous session’s volume of 232,229 shares.The stock last traded at $61.17 and had previously closed at $61.57.

iShares Core U.S. REIT ETF Price Performance

The firm’s 50 day moving average price is $59.51 and its 200 day moving average price is $55.03. The stock has a market capitalization of $2.65 billion, a P/E ratio of 26.47 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Several hedge funds have recently made changes to their positions in the business. Bank of Nova Scotia boosted its holdings in iShares Core U.S. REIT ETF by 47.9% in the fourth quarter. Bank of Nova Scotia now owns 102,920 shares of the company’s stock valued at $5,583,000 after acquiring an additional 33,355 shares in the last quarter. Exencial Wealth Advisors LLC raised its stake in iShares Core U.S. REIT ETF by 1.4% in the fourth quarter. Exencial Wealth Advisors LLC now owns 32,055 shares of the company’s stock worth $1,740,000 after buying an additional 447 shares in the last quarter. Schroder Investment Management Group raised its stake in iShares Core U.S. REIT ETF by 217.6% in the fourth quarter. Schroder Investment Management Group now owns 270,000 shares of the company’s stock worth $14,658,000 after buying an additional 185,000 shares in the last quarter. Visionary Wealth Advisors lifted its holdings in iShares Core U.S. REIT ETF by 3.5% in the fourth quarter. Visionary Wealth Advisors now owns 71,259 shares of the company’s stock worth $3,869,000 after buying an additional 2,439 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at approximately $922,000.

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.