iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 12-Month High at $62.87

iShares Core U.S. REIT ETF (NYSEARCA:USRT) hit a new 52-week high on Monday . The company traded as high as $62.87 and last traded at $62.68, with a volume of 8559 shares. The stock had previously closed at $62.48.

iShares Core U.S. REIT ETF Trading Down 0.8 %

The stock has a market cap of $2.71 billion, a PE ratio of 26.47 and a beta of 0.97. The firm has a fifty day simple moving average of $58.22 and a two-hundred day simple moving average of $54.39.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the 2nd quarter valued at $26,000. Atwood & Palmer Inc. bought a new stake in iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $27,000. Heritage Wealth Advisors purchased a new stake in iShares Core U.S. REIT ETF in the fourth quarter worth approximately $31,000. Ridgewood Investments LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the 2nd quarter valued at $33,000. Finally, Cape Investment Advisory Inc. grew its holdings in shares of iShares Core U.S. REIT ETF by 77.0% during the 4th quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after purchasing an additional 388 shares during the last quarter.

iShares Core U.S. REIT ETF Company 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.