iShares Core U.S. REIT ETF (NYSEARCA:USRT) Sees Strong Trading Volume – Here’s Why

iShares Core U.S. REIT ETF (NYSEARCA:USRT) saw an uptick in trading volume on Thursday . 948,818 shares traded hands during mid-day trading, an increase of 108% from the previous session’s volume of 456,173 shares.The stock last traded at $66.61 and had previously closed at $66.14.

iShares Core U.S. REIT ETF Stock Down 0.1%

The company has a 50-day moving average of $63.79 and a 200-day moving average of $60.88. The company has a market cap of $3.87 billion, a PE ratio of 35.32 and a beta of 0.97.

Institutional Trading of iShares Core U.S. REIT ETF

Institutional investors have recently made changes to their positions in the company. WealthShield Partners LLC bought a new position in shares of iShares Core U.S. REIT ETF during the fourth quarter valued at about $29,000. Signaturefd LLC grew its position in iShares Core U.S. REIT ETF by 143.7% in the 4th quarter. Signaturefd LLC now owns 641 shares of the company’s stock worth $37,000 after purchasing 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 stake in iShares Core U.S. REIT ETF in the 4th quarter valued at about $40,000. Finally, Huntington National Bank lifted its position in shares of iShares Core U.S. REIT ETF by 71,200.0% during the 4th quarter. Huntington National Bank now owns 713 shares of the company’s stock worth $41,000 after buying an additional 712 shares in the last quarter.

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.