iShares Core U.S. REIT ETF (NYSEARCA:USRT) Stock Short Interest Report for October

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 187,710 shares, a decrease of 55.7% from the September 30th total of 423,501 shares. Based on an average daily volume of 1,671,394 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Core U.S. REIT ETF

Hedge funds have recently modified their holdings of the company. Kestra Private Wealth Services LLC acquired a new stake in iShares Core U.S. REIT ETF in the 3rd quarter valued at approximately $450,000. Wrenne Financial Planning LLC raised its stake in shares of iShares Core U.S. REIT ETF by 5.1% during the third quarter. Wrenne Financial Planning LLC now owns 11,520 shares of the company’s stock valued at $709,000 after purchasing an additional 564 shares in the last quarter. Rakuten Investment Management Inc. raised its stake in shares of iShares Core U.S. REIT ETF by 11.2% during the third quarter. Rakuten Investment Management Inc. now owns 935,681 shares of the company’s stock valued at $58,190,000 after purchasing an additional 93,900 shares in the last quarter. Garde Capital Inc. bought a new stake in shares of iShares Core U.S. REIT ETF during the third quarter valued at about $566,000. Finally, Gerber Kawasaki Wealth & Investment Management acquired a new stake in iShares Core U.S. REIT ETF in the third quarter worth about $301,000.

iShares Core U.S. REIT ETF Stock Down 0.1%

Shares of USRT traded down $0.08 during mid-day trading on Friday, reaching $63.77. 1,744,458 shares of the company’s stock were exchanged, compared to its average volume of 607,036. The company has a 50-day simple moving average of $63.47 and a two-hundred day simple moving average of $63.68. iShares Core U.S. REIT ETF has a 52-week low of $56.44 and a 52-week high of $70.09. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

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.