iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Large Volume Increase – What’s Next?

iShares Core U.S. REIT ETF (NYSEARCA:USRT) shares saw unusually-high trading volume on Wednesday . Approximately 961,278 shares changed hands during mid-day trading, an increase of 98% from the previous session’s volume of 485,127 shares.The stock last traded at $66.91 and had previously closed at $66.45.

iShares Core U.S. REIT ETF Stock Performance

The stock has a 50 day simple moving average of $65.08 and a two-hundred day simple moving average of $61.67. The firm has a market cap of $3.91 billion, a PE ratio of 35.32 and a beta of 0.97.

Hedge Funds Weigh In On iShares Core U.S. REIT ETF

Hedge funds have recently bought and sold shares of the company. WealthShield Partners LLC purchased a new position in iShares Core U.S. REIT ETF during the fourth quarter worth $29,000. Signaturefd LLC grew its holdings in shares of iShares Core U.S. REIT ETF by 143.7% during the fourth quarter. Signaturefd LLC now owns 641 shares of the company’s stock worth $37,000 after buying an additional 378 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares Core U.S. REIT ETF in the 4th quarter valued at about $38,000. Brown Brothers Harriman & Co. purchased a new position in shares of iShares Core U.S. REIT ETF during the 4th quarter worth about $40,000. Finally, Huntington National Bank grew its position in iShares Core U.S. REIT ETF by 71,200.0% during the fourth quarter. Huntington National Bank now owns 713 shares of the company’s stock valued at $41,000 after acquiring an additional 712 shares during the period.

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.