iShares Core U.S. REIT ETF (NYSEARCA:USRT) Shares Sold by SMI Advisory Services LLC

SMI Advisory Services LLC cut its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 50.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,025 shares of the company’s stock after selling 66,239 shares during the quarter. iShares Core U.S. REIT ETF makes up approximately 0.9% of SMI Advisory Services LLC’s portfolio, making the stock its 23rd biggest position. SMI Advisory Services LLC’s holdings in iShares Core U.S. REIT ETF were worth $3,688,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Focused Wealth Management Inc acquired a new position in shares of iShares Core U.S. REIT ETF during the third quarter worth about $30,000. Sanctuary Wealth Management L.L.C. acquired a new position in shares of iShares Core U.S. REIT ETF during the third quarter worth about $50,000. Private Trust Co. NA grew its position in shares of iShares Core U.S. REIT ETF by 496.0% during the third quarter. Private Trust Co. NA now owns 1,049 shares of the company’s stock worth $65,000 after buying an additional 873 shares in the last quarter. Avior Wealth Management LLC lifted its stake in iShares Core U.S. REIT ETF by 57.0% during the third quarter. Avior Wealth Management LLC now owns 1,564 shares of the company’s stock worth $96,000 after purchasing an additional 568 shares during the last quarter. Finally, Ridgewood Investments LLC lifted its stake in iShares Core U.S. REIT ETF by 102.3% during the fourth quarter. Ridgewood Investments LLC now owns 2,484 shares of the company’s stock worth $142,000 after purchasing an additional 1,256 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Down 1.7 %

USRT stock opened at $57.45 on Thursday. iShares Core U.S. REIT ETF has a fifty-two week low of $49.12 and a fifty-two week high of $63.22. The business has a 50 day moving average price of $58.81 and a 200 day moving average price of $59.18. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97.

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.