Naviter Wealth LLC Sells 33,621 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Naviter Wealth LLC lowered its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 76.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,337 shares of the company’s stock after selling 33,621 shares during the quarter. Naviter Wealth LLC’s holdings in iShares Core U.S. REIT ETF were worth $636,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at about $26,000. Atwood & Palmer Inc. bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at about $27,000. Ridgewood Investments LLC bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at about $33,000. Fairscale Capital LLC bought a new position in iShares Core U.S. REIT ETF during the second quarter valued at about $51,000. Finally, Concourse Financial Group Securities Inc. bought a new position in iShares Core U.S. REIT ETF during the first quarter valued at about $100,000.

iShares Core U.S. REIT ETF Stock Down 0.6 %

Shares of NYSEARCA:USRT opened at $61.41 on Friday. The firm has a market capitalization of $2.68 billion, a PE ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a twelve month low of $43.76 and a twelve month high of $62.94. The company has a 50-day moving average price of $60.39 and a two-hundred day moving average price of $55.62.

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.