Congress Asset Management Co. Lowers Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Congress Asset Management Co. lowered its holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 10.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,427 shares of the company’s stock after selling 7,148 shares during the period. Congress Asset Management Co. owned approximately 0.15% of iShares Core U.S. REIT ETF worth $3,967,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in USRT. Ridgewood Investments LLC acquired a new stake in iShares Core U.S. REIT ETF in the 2nd quarter valued at about $33,000. Janney Montgomery Scott LLC increased its stake in shares of iShares Core U.S. REIT ETF by 5.4% during the first quarter. Janney Montgomery Scott LLC now owns 6,869 shares of the company’s stock worth $370,000 after buying an additional 350 shares during the period. Cetera Advisors LLC raised its holdings in iShares Core U.S. REIT ETF by 10.6% in the first quarter. Cetera Advisors LLC now owns 15,242 shares of the company’s stock valued at $820,000 after acquiring an additional 1,467 shares in the last quarter. Cetera Investment Advisers lifted its stake in iShares Core U.S. REIT ETF by 1,003.3% in the first quarter. Cetera Investment Advisers now owns 55,221 shares of the company’s stock worth $2,971,000 after acquiring an additional 50,216 shares during the last quarter. Finally, Biltmore Wealth Management LLC grew its holdings in iShares Core U.S. REIT ETF by 24.7% during the 3rd quarter. Biltmore Wealth Management LLC now owns 193,566 shares of the company’s stock worth $11,918,000 after acquiring an additional 38,296 shares in the last quarter.

iShares Core U.S. REIT ETF Trading Down 1.1 %

Shares of NYSEARCA:USRT opened at $59.15 on Friday. iShares Core U.S. REIT ETF has a 52 week low of $45.98 and a 52 week high of $62.94. The company’s 50 day moving average is $60.96 and its two-hundred day moving average is $56.22. The company has a market cap of $2.58 billion, a PE ratio of 26.47 and a beta of 0.97.

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.