Biltmore Wealth Management LLC acquired a new stake in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 235,252 shares of the company’s stock, valued at approximately $14,487,000. iShares Core U.S. REIT ETF makes up approximately 4.5% of Biltmore Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Biltmore Wealth Management LLC owned about 0.35% of iShares Core U.S. REIT ETF as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in USRT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares Core U.S. REIT ETF in the 4th quarter valued at $38,000. SHP Wealth Management acquired a new stake in iShares Core U.S. REIT ETF during the 4th quarter worth about $46,000. Western Wealth Management LLC acquired a new stake in iShares Core U.S. REIT ETF during the 1st quarter worth about $65,000. First Horizon Corp purchased a new stake in iShares Core U.S. REIT ETF during the 1st quarter valued at about $65,000. Finally, Compass Financial Management LLC purchased a new stake in iShares Core U.S. REIT ETF during the 2nd quarter valued at about $78,000.
iShares Core U.S. REIT ETF Trading Up 0.7%
Shares of USRT stock traded up $0.44 during mid-day trading on Friday, reaching $61.55. The stock had a trading volume of 1,120,969 shares, compared to its average volume of 574,941. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. The business’s fifty day moving average is $64.90 and its 200-day moving average is $64.84.
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.
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