Prime Capital Investment Advisors LLC Has $23.51 Million Stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Prime Capital Investment Advisors LLC cut its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 381,823 shares of the company’s stock after selling 6,567 shares during the period. Prime Capital Investment Advisors LLC owned approximately 0.88% of iShares Core U.S. REIT ETF worth $23,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in USRT. US Bancorp DE boosted its stake in iShares Core U.S. REIT ETF by 1.5% during the 3rd quarter. US Bancorp DE now owns 2,687,948 shares of the company’s stock valued at $165,497,000 after purchasing an additional 39,016 shares during the last quarter. Trust Co of Tennessee purchased a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $61,055,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Core U.S. REIT ETF by 5.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,093,235 shares of the company’s stock worth $58,554,000 after buying an additional 58,262 shares during the last quarter. Heritage Financial Services LLC lifted its stake in iShares Core U.S. REIT ETF by 2.6% in the third quarter. Heritage Financial Services LLC now owns 734,016 shares of the company’s stock valued at $45,193,000 after purchasing an additional 18,846 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in iShares Core U.S. REIT ETF by 32.1% in the second quarter. Thrivent Financial for Lutherans now owns 650,759 shares of the company’s stock valued at $34,855,000 after purchasing an additional 158,072 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT stock traded down $0.14 during midday trading on Tuesday, reaching $60.85. 8,759 shares of the company’s stock traded hands, compared to its average volume of 229,326. The company has a 50-day moving average price of $60.97 and a two-hundred day moving average price of $56.81. iShares Core U.S. REIT ETF has a 52 week low of $45.98 and a 52 week high of $62.94. The firm has a market capitalization of $2.65 billion, a PE ratio of 26.47 and a beta of 0.97.

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.