iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sets New 12-Month High at $62.87

iShares Core U.S. REIT ETF (NYSEARCA:USRT)’s stock price reached a new 52-week high on Monday . The stock traded as high as $62.87 and last traded at $62.68, with a volume of 8559 shares traded. The stock had previously closed at $62.48.

iShares Core U.S. REIT ETF Stock Up 0.0 %

The stock’s 50 day moving average price is $58.04 and its 200-day moving average price is $54.33. The stock has a market capitalization of $2.72 billion, a PE ratio of 26.47 and a beta of 0.97.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Large investors have recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at approximately $26,000. Atwood & Palmer Inc. purchased a new position in shares of iShares Core U.S. REIT ETF in the 2nd quarter worth approximately $27,000. Heritage Wealth Advisors bought a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth approximately $31,000. Ridgewood Investments LLC purchased a new stake in iShares Core U.S. REIT ETF during the second quarter valued at approximately $33,000. Finally, Cape Investment Advisory Inc. boosted its stake in iShares Core U.S. REIT ETF by 77.0% in the fourth quarter. Cape Investment Advisory Inc. now owns 892 shares of the company’s stock valued at $48,000 after acquiring an additional 388 shares in the last quarter.

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.