US Bancorp DE Purchases 87,662 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

US Bancorp DE lifted its position in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 3.3% in the fourth quarter, HoldingsChannel reports. The fund owned 2,775,610 shares of the company’s stock after buying an additional 87,662 shares during the period. US Bancorp DE owned 0.06% of iShares Core U.S. REIT ETF worth $159,070,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth $25,000. IFP Advisors Inc bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth $29,000. Focused Wealth Management Inc bought a new stake in shares of iShares Core U.S. REIT ETF during the third quarter worth $30,000. Beacon Capital Management LLC bought a new stake in shares of iShares Core U.S. REIT ETF during the fourth quarter worth $32,000. Finally, Sanctuary Wealth Management L.L.C. bought a new stake in shares of iShares Core U.S. REIT ETF during the third quarter worth $50,000.

iShares Core U.S. REIT ETF Stock Up 0.7 %

USRT stock opened at $59.93 on Friday. iShares Core U.S. REIT ETF has a twelve month low of $49.12 and a twelve month high of $63.22. The business has a fifty day moving average of $57.77 and a 200-day moving average of $59.56. The company has a market cap of $2.90 billion, a P/E ratio of 33.02 and a beta of 1.09.

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.