iShares Core U.S. REIT ETF $USRT Shares Newly Purchased by Ridgewood Investments LLC

Ridgewood Investments LLC bought a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) during the 3rd quarter, Holdings Channel reports. The firm bought 15,942 shares of the company’s stock, valued at approximately $982,000.

A number of other large investors have also bought and sold shares of USRT. Private Client Services LLC bought a new position in iShares Core U.S. REIT ETF in the 3rd quarter valued at $2,752,000. State Street Corp increased its stake in shares of iShares Core U.S. REIT ETF by 50.2% in the second quarter. State Street Corp now owns 30,500 shares of the company’s stock valued at $2,027,000 after buying an additional 10,200 shares in the last quarter. Tortoise Investment Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF in the second quarter valued at $236,000. Cahill Financial Advisors Inc. raised its holdings in shares of iShares Core U.S. REIT ETF by 54.2% in the second quarter. Cahill Financial Advisors Inc. now owns 31,562 shares of the company’s stock valued at $2,097,000 after buying an additional 11,096 shares during the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of iShares Core U.S. REIT ETF by 16.7% in the second quarter. Capital Analysts LLC now owns 3,583 shares of the company’s stock valued at $238,000 after buying an additional 514 shares during the last quarter.

iShares Core U.S. REIT ETF Price Performance

Shares of USRT stock traded down $0.33 during trading hours on Monday, reaching $61.19. 1,413,140 shares of the company were exchanged, compared to its average volume of 557,770. The stock’s fifty day moving average is $65.54 and its two-hundred day moving average is $64.82. iShares Core U.S. REIT ETF has a fifty-two week low of $56.44 and a fifty-two week high of $70.09. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95.

About iShares Core U.S. REIT ETF

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.