235,252 Shares of iShares Core U.S. REIT ETF $USRT Bought by Biltmore Wealth Management LLC

Biltmore Wealth Management LLC acquired a new stake in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 235,252 shares of the company’s stock, valued at approximately $14,487,000. iShares Core U.S. REIT ETF accounts for about 4.5% of Biltmore Wealth Management LLC’s holdings, making the stock its 8th biggest position.

A number of other hedge funds have also recently modified their holdings of the stock. Beam Wealth Advisors Inc. raised its position in iShares Core U.S. REIT ETF by 1.6% during the first quarter. Beam Wealth Advisors Inc. now owns 10,400 shares of the company’s stock valued at $616,000 after acquiring an additional 160 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of iShares Core U.S. REIT ETF by 1.7% during the 2nd quarter. HB Wealth Management LLC now owns 9,985 shares of the company’s stock worth $664,000 after purchasing an additional 171 shares during the period. Insight Advisors LLC PA increased its holdings in shares of iShares Core U.S. REIT ETF by 1.7% during the 1st quarter. Insight Advisors LLC PA now owns 11,050 shares of the company’s stock valued at $654,000 after purchasing an additional 184 shares in the last quarter. HORAN Wealth LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 5.0% in the 2nd quarter. HORAN Wealth LLC now owns 4,094 shares of the company’s stock valued at $272,000 after purchasing an additional 195 shares during the period. Finally, Waverly Advisors LLC lifted its stake in shares of iShares Core U.S. REIT ETF by 0.3% in the 2nd quarter. Waverly Advisors LLC now owns 63,069 shares of the company’s stock valued at $4,191,000 after purchasing an additional 217 shares during the period.

iShares Core U.S. REIT ETF Price Performance

USRT stock traded up $0.44 during midday trading on Friday, hitting $61.55. 1,120,969 shares of the stock traded hands, compared to its average volume of 574,941. The stock’s fifty day simple moving average is $64.90 and its 200-day simple moving average is $64.84. The firm has a market cap of $4.18 billion, a P/E ratio of 35.32 and a beta of 0.95. iShares Core U.S. REIT ETF has a 1-year low of $56.44 and a 1-year high of $70.09.

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.