Beacon Pointe Advisors LLC Sells 2,960 Shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT)

Beacon Pointe Advisors LLC lessened its stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 42.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,043 shares of the company’s stock after selling 2,960 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares Core U.S. REIT ETF were worth $219,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at approximately $27,000. Smithfield Trust Co bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at approximately $28,000. Blue Trust Inc. bought a new stake in iShares Core U.S. REIT ETF during the 4th quarter valued at approximately $35,000. Headinvest LLC bought a new stake in iShares Core U.S. REIT ETF during the 3rd quarter valued at approximately $46,000. Finally, First Horizon Advisors Inc. acquired a new position in iShares Core U.S. REIT ETF in the 4th quarter valued at approximately $64,000.

iShares Core U.S. REIT ETF Stock Down 0.0 %

iShares Core U.S. REIT ETF stock opened at $51.47 on Monday. The business has a 50 day moving average price of $51.81 and a two-hundred day moving average price of $52.09. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 26.47 and a beta of 0.97. iShares Core U.S. REIT ETF has a 12 month low of $43.76 and a 12 month high of $55.40.

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.