Rodgers & Associates LTD Makes New $25.05 Million Investment in iShares Core U.S. REIT ETF $USRT

Rodgers & Associates LTD acquired a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 406,752 shares of the company’s stock, valued at approximately $25,048,000. iShares Core U.S. REIT ETF makes up about 2.4% of Rodgers & Associates LTD’s investment portfolio, making the stock its 15th biggest position. Rodgers & Associates LTD owned about 0.60% of iShares Core U.S. REIT ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new position in iShares Core U.S. REIT ETF during the 4th quarter valued at about $46,000. First Horizon Corp acquired a new stake in iShares Core U.S. REIT ETF in the first quarter worth about $65,000. Western Wealth Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the first quarter worth about $65,000. Compass Financial Management LLC acquired a new stake in iShares Core U.S. REIT ETF in the second quarter worth about $78,000. Finally, PNC Financial Services Group Inc. boosted its holdings in iShares Core U.S. REIT ETF by 53.9% in the first quarter. PNC Financial Services Group Inc. now owns 2,095 shares of the company’s stock worth $124,000 after acquiring an additional 734 shares in the last quarter.

iShares Core U.S. REIT ETF Stock Performance

Shares of USRT stock opened at $62.71 on Wednesday. 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 firm has a market capitalization of $4.25 billion, a price-to-earnings ratio of 35.32 and a beta of 0.95. The stock’s 50-day simple moving average is $64.06 and its 200-day simple moving average is $65.02.

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.