Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $69.78 and last traded at $69.78, with a volume of 67959 shares trading hands. The stock had previously closed at $68.33.
iShares Core U.S. REIT ETF Price Performance
The firm’s 50 day moving average is $66.18 and its 200 day moving average is $62.92. The company has a market cap of $4.75 billion, a PE ratio of 35.32 and a beta of 0.96.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Morgan Stanley increased its holdings in shares of iShares Core U.S. REIT ETF by 110.7% in the fourth quarter. Morgan Stanley now owns 2,164,347 shares of the company’s stock worth $123,281,000 after purchasing an additional 1,136,903 shares during the period. Glenmede Trust Co. NA boosted its stake in iShares Core U.S. REIT ETF by 12.6% during the first quarter. Glenmede Trust Co. NA now owns 1,965,268 shares of the company’s stock valued at $116,324,000 after buying an additional 219,237 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core U.S. REIT ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,841,087 shares of the company’s stock valued at $104,868,000 after buying an additional 92,589 shares during the period. Trust Co of Tennessee grew its position in iShares Core U.S. REIT ETF by 2.1% during the fourth quarter. Trust Co of Tennessee now owns 1,107,489 shares of the company’s stock worth $63,082,000 after buying an additional 23,120 shares in the last quarter. Finally, Heritage Financial Services LLC increased its stake in iShares Core U.S. REIT ETF by 11.5% in the 4th quarter. Heritage Financial Services LLC now owns 867,698 shares of the company’s stock worth $49,424,000 after acquiring an additional 89,348 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.
See Also
- Five stocks we like better than iShares Core U.S. REIT ETF
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for iShares Core U.S. REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core U.S. REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.
