Park Avenue Securities LLC Makes New Investment in iShares Core U.S. REIT ETF $USRT

Park Avenue Securities LLC 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 13F filing with the Securities and Exchange Commission. The fund bought 9,641 shares of the company’s stock, valued at approximately $594,000.

A number of other institutional investors and hedge funds have also bought and sold shares of USRT. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Core U.S. REIT ETF during the third quarter worth about $270,000. IVC Wealth Advisors LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the third quarter worth $244,000. Apollon Wealth Management LLC purchased a new position in shares of iShares Core U.S. REIT ETF in the third quarter worth $62,470,000. IRON Financial LLC purchased a new position in iShares Core U.S. REIT ETF during the third quarter valued at $236,000. Finally, Trademark Financial Management LLC grew its stake in iShares Core U.S. REIT ETF by 11.2% during the third quarter. Trademark Financial Management LLC now owns 11,341 shares of the company’s stock valued at $698,000 after acquiring an additional 1,146 shares in the last quarter.

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

NYSEARCA:USRT opened at $65.27 on Friday. The company has a market capitalization of $4.39 billion, a P/E ratio of 35.32 and a beta of 0.94. The business’s 50-day moving average is $63.30 and its 200 day moving average is $63.81. iShares Core U.S. REIT ETF has a 12 month low of $56.44 and a 12 month high of $70.09.

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.