Braun Bostich & Associates Inc. Makes New Investment in iShares Core U.S. REIT ETF $USRT

Braun Bostich & Associates Inc. bought a new position in iShares Core U.S. REIT ETF (NYSEARCA:USRT) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,232 shares of the company’s stock, valued at approximately $239,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. US Bancorp DE increased its holdings in iShares Core U.S. REIT ETF by 5.1% in the 1st quarter. US Bancorp DE now owns 2,916,203 shares of the company’s stock worth $167,973,000 after purchasing an additional 140,593 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core U.S. REIT ETF by 16.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,533,330 shares of the company’s stock worth $88,320,000 after purchasing an additional 213,501 shares during the period. Johns Hopkins University acquired a new position in shares of iShares Core U.S. REIT ETF during the first quarter worth $49,997,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 376.5% during the first quarter. Apollon Wealth Management LLC now owns 578,548 shares of the company’s stock worth $33,324,000 after purchasing an additional 457,121 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Core U.S. REIT ETF by 2.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 523,599 shares of the company’s stock worth $30,007,000 after purchasing an additional 10,654 shares during the period.

iShares Core U.S. REIT ETF Stock Performance

Shares of NYSEARCA:USRT opened at $59.16 on Monday. The firm has a market cap of $3.09 billion, a PE ratio of 35.32 and a beta of 0.94. The firm’s fifty day moving average is $57.25 and its 200-day moving average is $56.72. iShares Core U.S. REIT ETF has a 52 week low of $48.47 and a 52 week high of $63.22.

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.