MBE Wealth Management LLC Has $15.97 Million Holdings in iShares Core U.S. REIT ETF (NYSEARCA:USRT)

MBE Wealth Management LLC boosted its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 0.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,338 shares of the company’s stock after acquiring an additional 582 shares during the period. iShares Core U.S. REIT ETF comprises about 8.8% of MBE Wealth Management LLC’s portfolio, making the stock its 4th largest position. MBE Wealth Management LLC owned approximately 0.59% of iShares Core U.S. REIT ETF worth $15,967,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Range Financial Group LLC increased its holdings in iShares Core U.S. REIT ETF by 2.1% during the second quarter. Range Financial Group LLC now owns 14,836 shares of the company’s stock valued at $795,000 after buying an additional 309 shares during the period. Janney Montgomery Scott LLC boosted its position in iShares Core U.S. REIT ETF by 5.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,869 shares of the company’s stock valued at $370,000 after acquiring an additional 350 shares in the last quarter. Insight Advisors LLC PA increased its holdings in shares of iShares Core U.S. REIT ETF by 3.2% in the 2nd quarter. Insight Advisors LLC PA now owns 11,519 shares of the company’s stock valued at $617,000 after acquiring an additional 361 shares during the period. Kohmann Bosshard Financial Services LLC increased its holdings in shares of iShares Core U.S. REIT ETF by 1.1% in the 3rd 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 period. Finally, Concourse Financial Group Securities Inc. raised its position in shares of iShares Core U.S. REIT ETF by 15.1% in the 3rd 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 in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

USRT stock traded down $1.14 during trading on Monday, reaching $60.69. 64,915 shares of the company traded hands, compared to its average volume of 226,826. The business has a 50 day simple moving average of $60.47 and a 200 day simple moving average of $55.73. iShares Core U.S. REIT ETF has a 12 month low of $43.76 and a 12 month high of $62.94. The company has a market capitalization of $2.65 billion, a price-to-earnings 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.