Peak Financial Management Inc. Acquires 106,395 Shares of iShares Core U.S. REIT ETF $USRT

Peak Financial Management Inc. bought a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 106,395 shares of the company’s stock, valued at approximately $6,552,000. iShares Core U.S. REIT ETF accounts for approximately 1.5% of Peak Financial Management Inc.’s portfolio, making the stock its 23rd largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of USRT. Beam Wealth Advisors Inc. grew its holdings in iShares Core U.S. REIT ETF by 1.6% in the first quarter. Beam Wealth Advisors Inc. now owns 10,400 shares of the company’s stock worth $616,000 after purchasing an additional 160 shares during the period. HB Wealth Management LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 1.7% during the second quarter. HB Wealth Management LLC now owns 9,985 shares of the company’s stock valued at $664,000 after purchasing an additional 171 shares during the period. Insight Advisors LLC PA raised its holdings in shares of iShares Core U.S. REIT ETF by 1.7% during the first quarter. Insight Advisors LLC PA now owns 11,050 shares of the company’s stock valued at $654,000 after purchasing an additional 184 shares during the period. HORAN Wealth LLC boosted its position in shares of iShares Core U.S. REIT ETF by 5.0% during the 2nd quarter. HORAN Wealth LLC now owns 4,094 shares of the company’s stock worth $272,000 after purchasing an additional 195 shares in the last quarter. Finally, Waverly Advisors LLC boosted its position in shares of iShares Core U.S. REIT ETF by 0.3% during the 2nd quarter. Waverly Advisors LLC now owns 63,069 shares of the company’s stock worth $4,191,000 after purchasing an additional 217 shares in the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT traded up $0.19 during trading hours on Friday, hitting $62.24. The stock had a trading volume of 1,198,857 shares, compared to its average volume of 590,781. The firm has a 50 day simple moving average of $64.22 and a 200-day simple moving average of $64.94. The firm has a market capitalization of $4.22 billion, a P/E ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09.

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.