iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase – Time to Buy?

Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw unusually-strong trading volume on Monday . Approximately 334,211 shares were traded during trading, an increase of 45% from the previous session’s volume of 230,717 shares.The stock last traded at $60.39 and had previously closed at $59.94.

iShares Core U.S. REIT ETF Price Performance

The stock’s 50-day moving average price is $60.77 and its 200 day moving average price is $58.38. The firm has a market cap of $2.61 billion, a P/E ratio of 26.47 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in USRT. Aptus Capital Advisors LLC grew its position in shares of iShares Core U.S. REIT ETF by 1.4% in the third quarter. Aptus Capital Advisors LLC now owns 18,103 shares of the company’s stock valued at $1,115,000 after purchasing an additional 243 shares during the last quarter. Range Financial Group LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 2.1% during the 2nd quarter. Range Financial Group LLC now owns 14,836 shares of the company’s stock worth $795,000 after buying an additional 309 shares in the last quarter. Kohmann Bosshard Financial Services LLC grew its position in iShares Core U.S. REIT ETF by 1.1% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 35,969 shares of the company’s stock valued at $2,215,000 after acquiring an additional 375 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares Core U.S. REIT ETF by 15.1% in the third quarter. Concourse Financial Group Securities Inc. now owns 3,019 shares of the company’s stock worth $186,000 after acquiring an additional 395 shares during the last quarter. Finally, Private Client Services LLC boosted its stake in shares of iShares Core U.S. REIT ETF by 3.1% in the 2nd quarter. Private Client Services LLC now owns 13,792 shares of the company’s stock valued at $739,000 after purchasing an additional 417 shares in 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.