iShares Core U.S. REIT ETF $USRT Position Trimmed by Modern Wealth Management LLC

Modern Wealth Management LLC trimmed its holdings in shares of iShares Core U.S. REIT ETF (NYSEARCA:USRT) by 18.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,174 shares of the company’s stock after selling 12,694 shares during the period. Modern Wealth Management LLC’s holdings in iShares Core U.S. REIT ETF were worth $3,285,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of USRT. Beam Wealth Advisors Inc. boosted its holdings in shares of iShares Core U.S. REIT ETF by 1.6% in the 1st quarter. Beam Wealth Advisors Inc. now owns 10,400 shares of the company’s stock valued at $616,000 after buying an additional 160 shares during the period. Ellis Investment Partners LLC raised its stake in iShares Core U.S. REIT ETF by 1.3% during the fourth quarter. Ellis Investment Partners LLC now owns 14,721 shares of the company’s stock worth $839,000 after acquiring an additional 182 shares during the period. Insight Advisors LLC PA raised its stake in iShares Core U.S. REIT ETF by 1.7% during the first quarter. Insight Advisors LLC PA now owns 11,050 shares of the company’s stock worth $654,000 after acquiring an additional 184 shares during the period. Comprehensive Money Management Services LLC lifted its holdings in iShares Core U.S. REIT ETF by 0.6% in the first quarter. Comprehensive Money Management Services LLC now owns 38,166 shares of the company’s stock worth $2,259,000 after acquiring an additional 225 shares during the last quarter. Finally, Principal Securities Inc. lifted its holdings in iShares Core U.S. REIT ETF by 2.2% in the fourth quarter. Principal Securities Inc. now owns 10,669 shares of the company’s stock worth $608,000 after acquiring an additional 233 shares during the last quarter.

iShares Core U.S. REIT ETF Stock Up 2.2%

Shares of USRT stock opened at $69.82 on Friday. The business has a 50 day moving average of $66.31 and a two-hundred day moving average of $62.97. iShares Core U.S. REIT ETF has a 52 week low of $55.34 and a 52 week high of $69.96. The company has a market cap of $4.75 billion, a P/E ratio of 35.32 and a beta of 0.96.

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.