iShares Core U.S. REIT ETF (NYSEARCA:USRT) Short Interest Update

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 186,671 shares, a decrease of 43.8% from the March 15th total of 332,322 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 504,340 shares, the short-interest ratio is currently 0.4 days.

iShares Core U.S. REIT ETF Stock Performance

iShares Core U.S. REIT ETF stock traded up $0.53 during mid-day trading on Tuesday, reaching $62.82. 265,290 shares of the company were exchanged, compared to its average volume of 481,683. The business has a fifty day moving average of $61.09 and a 200 day moving average of $59.08. The firm has a market cap of $3.66 billion, a P/E ratio of 35.32 and a beta of 1.00. iShares Core U.S. REIT ETF has a 12-month low of $53.18 and a 12-month high of $63.72.

Institutional Trading of iShares Core U.S. REIT ETF

Several hedge funds and other institutional investors have recently made changes to their positions in USRT. Brighton Jones LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the 4th quarter valued at $660,000. Royal Bank of Canada lifted its holdings in shares of iShares Core U.S. REIT ETF by 12.9% during the 1st quarter. Royal Bank of Canada now owns 97,765 shares of the company’s stock valued at $5,632,000 after purchasing an additional 11,175 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the 1st quarter valued at $220,000. Quantinno Capital Management LP lifted its holdings in shares of iShares Core U.S. REIT ETF by 3.4% during the 2nd quarter. Quantinno Capital Management LP now owns 7,638 shares of the company’s stock valued at $432,000 after purchasing an additional 250 shares during the last quarter. Finally, Betterment LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 5.1% during the 2nd quarter. Betterment LLC now owns 10,505 shares of the company’s stock valued at $594,000 after purchasing an additional 506 shares during 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.