iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 12-Month High at $60.36

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s share price reached a new 52-week high on Monday . The company traded as high as $60.36 and last traded at $60.19, with a volume of 20789 shares traded. The stock had previously closed at $59.99.

iShares Core U.S. REIT ETF Stock Up 0.4 %

The business has a 50-day moving average price of $56.04 and a two-hundred day moving average price of $53.56. The firm has a market cap of $2.63 billion, a PE ratio of 26.47 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

A number of institutional investors and hedge funds have recently modified their holdings of USRT. Opal Wealth Advisors LLC acquired a new position in shares of iShares Core U.S. REIT ETF during the second quarter worth $26,000. Atwood & Palmer Inc. acquired a new position in iShares Core U.S. REIT ETF in the second quarter valued at $27,000. Smithfield Trust Co acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at $28,000. Heritage Wealth Advisors acquired a new position in iShares Core U.S. REIT ETF in the fourth quarter valued at $31,000. Finally, Ridgewood Investments LLC acquired a new position in iShares Core U.S. REIT ETF in the second quarter valued at $33,000.

About iShares Core U.S. REIT ETF

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.